TAMAN PADANG TEMU PERMATA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 514K and a median price per square foot (PSF) of RM 129.
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 514K, with most transactions falling within a stable range of RM 425K to RM 603K, and a typical market range of RM 408K to RM 621K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 129, with core pricing between RM 115 and RM 143. Market pricing typically extends from RM 112.75 to RM 145.25, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.