CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

Area Intelligence
2023
Median Price
RM 375,000
PSF: RM 270

Residential PSF Trends

Median Price

RM 375,000

PSF: RM 270

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 270.

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 375K, with most transactions falling within a stable range of RM 279K to RM 533K, and a typical market range of RM 334K to RM 416K.

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

For price per square foot, the median is RM 270, with most transactions between RM 243 and RM 296. The usual range is RM 240.88 to RM 298.13, showing that most units are priced quite close to each other. With an IQR of RM 57.25 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN), Melaka Tengah, Melaka

OSM

Track location

Transactions

10 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 340,000
Level 15
1,033 sqft · RM 329 PSF
RM 279,000
Level 28
1,033 sqft · RM 270 PSF
1,400 sqft
Condo/Apartment
RM 380,000
Level 18
1,410 sqft · RM 269 PSF
RM 399,000
Level 12
1,410 sqft · RM 283 PSF
RM 370,000
Level
1,410 sqft · RM 262 PSF
1,450 sqft
Condo/Apartment
RM 350,000
Level 29
1,442 sqft · RM 243 PSF
RM 398,000
Level 15
1,464 sqft · RM 272 PSF
RM 355,000
Level 7
1,442 sqft · RM 246 PSF
RM 380,000
Level 8
1,442 sqft · RM 263 PSF
2,750 sqft
Condo/Apartment
RM 875,000
Level 30
2,766 sqft · RM 316 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access