CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) Property Investment Analysis
CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 32 subsale transactions between 2021 and 2025, with a median price of RM 370K and a median price per square foot (PSF) of RM 288.
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 334K to RM 406K, and a typical market range of RM 331K to RM 409K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 288, with core pricing between RM 258 and RM 317. Market pricing typically extends from RM 258.38 to RM 316.63, reflecting moderate variation in unit pricing. With an IQR of RM 58.25 and MAD of RM 30, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 360,000
|
RM 348.00
|
1,033 sqft
|
Jan 2025
|
Condominium/Apartment |
|
RM 338,000
|
RM 240.00
|
1,410 sqft
|
Sep 2024
|
Condominium/Apartment |
|
RM 280,000
|
RM 271.00
|
1,033 sqft
|
Jun 2024
|
Condominium/Apartment |
|
RM 350,000
|
RM 243.00
|
1,442 sqft
|
May 2024
|
Condominium/Apartment |
|
RM 480,000
|
RM 340.00
|
1,410 sqft
|
May 2024
|
Condominium/Apartment |
|
RM 330,000
|
RM 229.00
|
1,442 sqft
|
Apr 2024
|
Condominium/Apartment |
|
RM 370,000
|
RM 257.00
|
1,442 sqft
|
Apr 2024
|
Condominium/Apartment |
|
RM 435,000
|
RM 302.00
|
1,442 sqft
|
Jan 2024
|
Condominium/Apartment |
|
RM 330,000
|
RM 319.00
|
1,033 sqft
|
Jan 2024
|
Condominium/Apartment |
|
RM 340,000
|
RM 329.00
|
1,033 sqft
|
Nov 2023
|
Condominium/Apartment |
|
RM 380,000
|
RM 269.00
|
1,410 sqft
|
Oct 2023
|
Condominium/Apartment |
|
RM 398,000
|
RM 272.00
|
1,464 sqft
|
Sep 2023
|
Condominium/Apartment |
|
RM 350,000
|
RM 243.00
|
1,442 sqft
|
Sep 2023
|
Condominium/Apartment |
|
RM 355,000
|
RM 246.00
|
1,442 sqft
|
Jul 2023
|
Condominium/Apartment |
|
RM 399,000
|
RM 283.00
|
1,410 sqft
|
May 2023
|
Condominium/Apartment |
|
RM 370,000
|
RM 262.00
|
1,410 sqft
|
Apr 2023
|
Condominium/Apartment |
|
RM 279,000
|
RM 270.00
|
1,033 sqft
|
Feb 2023
|
Condominium/Apartment |
|
RM 875,000
|
RM 316.00
|
2,766 sqft
|
Jan 2023
|
Condominium/Apartment |
|
RM 380,000
|
RM 263.00
|
1,442 sqft
|
Jan 2023
|
Condominium/Apartment |
|
RM 420,000
|
RM 298.00
|
1,410 sqft
|
Oct 2022
|
Condominium/Apartment |
|
RM 450,000
|
RM 312.00
|
1,442 sqft
|
Sep 2022
|
Condominium/Apartment |
|
RM 365,000
|
RM 259.00
|
1,410 sqft
|
Sep 2022
|
Condominium/Apartment |
|
RM 430,000
|
RM 305.00
|
1,410 sqft
|
Aug 2022
|
Condominium/Apartment |
|
RM 350,000
|
RM 339.00
|
1,033 sqft
|
Aug 2022
|
Condominium/Apartment |
|
RM 460,000
|
RM 319.00
|
1,442 sqft
|
Jul 2022
|
Condominium/Apartment |
|
RM 350,000
|
RM 243.00
|
1,442 sqft
|
Jun 2022
|
Condominium/Apartment |
|
RM 420,000
|
RM 298.00
|
1,410 sqft
|
Jun 2022
|
Condominium/Apartment |
|
RM 455,000
|
RM 323.00
|
1,410 sqft
|
Apr 2022
|
Condominium/Apartment |
|
RM 465,000
|
RM 330.00
|
1,410 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 425,000
|
RM 301.00
|
1,410 sqft
|
Dec 2021
|
Condominium/Apartment |
|
RM 302,000
|
RM 292.00
|
1,033 sqft
|
Dec 2021
|
Condominium/Apartment |
|
RM 345,000
|
RM 245.00
|
1,410 sqft
|
Apr 2021
|