CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

Area Intelligence
2022
Median Price
RM 425,000
PSF: RM 309

Residential PSF Trends

Median Price

RM 425,000

PSF: RM 309

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 309.

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 425K, with most transactions falling within a stable range of RM 389K to RM 461K, and a typical market range of RM 384K to RM 466K.

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

For price per square foot, the median is RM 309, with most transactions between RM 279 and RM 339. The usual range is RM 279.88 to RM 337.13, showing that most units are priced quite close to each other. 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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

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Transactions

10 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 350,000
Level 9
1,033 sqft · RM 339 PSF
1,400 sqft
Condo/Apartment
RM 420,000
Level 27
1,410 sqft · RM 298 PSF
RM 365,000
Level 10
1,410 sqft · RM 259 PSF
RM 430,000
Level 6
1,410 sqft · RM 305 PSF
RM 420,000
Level 14
1,410 sqft · RM 298 PSF
RM 455,000
Level 27
1,410 sqft · RM 323 PSF
RM 465,000
Level 23
1,410 sqft · RM 330 PSF
1,450 sqft
Condo/Apartment
RM 450,000
Level 27
1,442 sqft · RM 312 PSF
RM 460,000
Level 12
1,442 sqft · RM 319 PSF
RM 350,000
Level 21
1,442 sqft · RM 243 PSF

No Properties For Sale

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

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