Melaka
Melaka Tengah
Pkn Klebang
CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

Area Intelligence

2023

Median Price

RM 375,000

PSF: RM 270

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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.

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 270 and RM 270. 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 0, 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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