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 355K to RM 395K, and a typical market range of RM 340K to RM 399K.

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 244 and RM 295. 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 25, 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

8 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 340,000
Level 15
1,033 sqft · RM 329 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

No Properties For Sale

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

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