CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 33 subsale transactions between 2021 and 2025, with a median price of RM 370K and a median price per square foot (PSF) of RM 290.

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 370K, with most transactions falling within a stable range of RM 330K to RM 410K, and a typical market range of RM 330K to RM 410K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 290, with core pricing between RM 261 and RM 319. Market pricing typically extends from RM 261.50 to RM 318.50, reflecting moderate variation in unit pricing. With an IQR of RM 57.00 and MAD of RM 29, 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. Moderate transaction volume may require patience when buying or selling.