TAMAN LIMBONGAN PERMAI in Melaka Tengah, Melaka recorded 16 subsale transactions in 2022, with a median price of RM 155K and a median price per square foot (PSF) of RM 184.
This area contains both residential and commercial properties. View 57 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 155K, with most transactions falling within a stable range of RM 123K to RM 188K, and a typical market range of RM 94K to RM 216K.
Most transactions involved town house, with high diversity across multiple property types.
For price per square foot, the median is RM 184, with most transactions between RM 166 and RM 201. The usual range is RM 162.63 to RM 204.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.75 and an average deviation (MAD) of RM 18 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
