TAMAN LIMBONGAN PERMAI in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 135K 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 135K, with most transactions falling within a stable range of RM 103K to RM 168K, and a typical market range of RM 74K to RM 196K.
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 167 and RM 202. The usual range is RM 163.13 to RM 204.88, 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.
