|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 20
|
RM 350,000
|
RM 243
|
1,442 sqft
|
|
Condo |
|
Level 7
|
RM 370,000
|
RM 257
|
1,442 sqft
|
|
Condo |
|
Level 8
|
RM 330,000
|
RM 229
|
1,442 sqft
|
|
Condo |
|
Level 29
|
RM 435,000
|
RM 302
|
1,442 sqft
|
|
Condo |
| 2023 | |||||
|
Level 29
|
RM 350,000
|
RM 243
|
1,442 sqft
|
|
Condo |
|
Level 15
|
RM 398,000
|
RM 272
|
1,464 sqft
|
|
Condo |
|
Level 7
|
RM 355,000
|
RM 246
|
1,442 sqft
|
|
Condo |
|
Level 8
|
RM 380,000
|
RM 263
|
1,442 sqft
|
|
Condo |
| 2022 | |||||
|
Level 27
|
RM 450,000
|
RM 312
|
1,442 sqft
|
|
Condo |
|
Level 12
|
RM 460,000
|
RM 319
|
1,442 sqft
|
|
Condo |
|
Level 21
|
RM 350,000
|
RM 243
|
1,442 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 370,000
RM 257 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 11 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM 370K and a median price per square foot (PSF) of RM 257.
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 413K, and a typical market range of RM 330K to RM 413K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 257, with core pricing between RM 227 and RM 286. Market pricing typically extends from RM 225.64 to RM 287.40, reflecting moderate variation in unit pricing. With an IQR of RM 61.75 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.