TAMAN PADANG TEMU PERMATA

TAMAN PADANG TEMU PERMATA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 357K 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 357K, with most transactions falling within a stable range of RM 346K to RM 410K, and a typical market range of RM 346K to RM 463K.

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 112.88 to RM 145.38, 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.

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.