CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 345K and a median price per square foot (PSF) of RM 292.

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 345K, with most transactions falling within a stable range of RM 309K to RM 381K, and a typical market range of RM 304K to RM 386K.

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

The median PSF stands at RM 292, with core pricing between RM 262 and RM 322. Market pricing typically extends from RM 263.38 to RM 320.63, reflecting moderate variation in unit pricing. With an IQR of RM 57.25 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.