CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 285.
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 300K, with most transactions falling within a stable range of RM 300K to RM 327K, and a typical market range of RM 300K to RM 341K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 285, with core pricing between RM 246 and RM 324. Market pricing typically extends from RM 256.38 to RM 313.63, reflecting moderate variation in unit pricing. With an IQR of RM 57.25 and MAD of RM 39, 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.