CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 389K and a median price per square foot (PSF) of RM 271.

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 389K, with most transactions falling within a stable range of RM 344K to RM 434K, and a typical market range of RM 350K to RM 428K.

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

The median PSF stands at RM 271, with core pricing between RM 238 and RM 303. Market pricing typically extends from RM 241.38 to RM 299.63, reflecting moderate variation in unit pricing. With an IQR of RM 58.25 and MAD of RM 32, 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.