| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 27
|
RM 420,000
|
RM 298
|
1,410 sqft
|
|
|
|
Level 10
|
RM 365,000
|
RM 259
|
1,410 sqft
|
|
|
|
Level 6
|
RM 430,000
|
RM 305
|
1,410 sqft
|
|
|
|
Level 14
|
RM 420,000
|
RM 298
|
1,410 sqft
|
|
|
|
Level 27
|
RM 455,000
|
RM 323
|
1,410 sqft
|
|
|
|
Level 23
|
RM 465,000
|
RM 330
|
1,410 sqft
|
|
|
Level 27
|
RM 450,000
|
RM 312
|
1,442 sqft
|
|
|
|
Level 12
|
RM 460,000
|
RM 319
|
1,442 sqft
|
|
|
|
Level 21
|
RM 350,000
|
RM 243
|
1,442 sqft
|
|
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Market Snapshot
ResidentialRM 425,000
RM 308 psfMedian transaction price
Ocean Palms Condominium, KM 9 Batang Tiga, 76400 Tanjung Kling, Malacca, Malaysia
MapsCondominium 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 308.
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 382K to RM 465K, and a typical market range of RM 382K to RM 465K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 308, with most transactions between RM 280 and RM 337. The usual range is RM 277.60 to RM 339.35, showing that most units are priced quite close to each other. With an IQR of RM 61.75 and MAD of RM 29, 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.