| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 300,000
|
RM 213
|
1,410 sqft
|
|
|
|
Level 21
|
RM 470,000
|
RM 333
|
1,410 sqft
|
|
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Market Snapshot
ResidentialRM 385,000
RM 273 psfMedian transaction price
Ocean Palms Condominium, KM 9 Batang Tiga, 76400 Tanjung Kling, Malacca, Malaysia
MapsCondominium Ocean Palms(Permata Idaman) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 385K and a median price per square foot (PSF) of RM 273.
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 385K, with most transactions falling within a stable range of RM 300K to RM 470K, and a typical market range of RM 342K to RM 428K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 273, though individual units vary from RM 213 to RM 333 in the core range. The broader market spans RM 242.13 to RM 303.88, indicating diverse property characteristics. The spread of RM 61.75 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.
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.