Melaka
Melaka Tengah
Duyong
TAMAN DUYONG PERMAI

TAMAN DUYONG PERMAI

Area Intelligence

2023

Median Price

RM 350,000

PSF: RM 211

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 211

TAMAN DUYONG PERMAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 211.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 338K to RM 350K, and a typical market range of RM 325K to RM 350K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 211, with most transactions between RM 192 and RM 231. The usual range is RM 187.63 to RM 234.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.75 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DUYONG PERMAI, Melaka Tengah, Melaka

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