TAMAN PADANG TEMU PERMATA

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 461K to RM 476K, and a typical market range of RM 408K to RM 476K.

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

For price per square foot, the median is RM 129, with most transactions between RM 120 and RM 138. The usual range is RM 112.75 to RM 145.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.