Condominium Ocean Palms(Permata Idaman)

Ocean Palms Condominium, KM 9 Batang Tiga, 76400 Tanjung Kling, Malacca, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM 375,000
PSF
RM 270
Price Size
Period
transactions middle 50% (P25–P75)
1,050 sqft
Condo
RM 340,000
Level 15
1,033 sqft · RM 329 PSF
RM 279,000
Level 28
1,033 sqft · RM 270 PSF
1,400 sqft
Condo
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
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
2,750 sqft
Condo
RM 875,000
Level 30
2,766 sqft · RM 316 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 375,000

RM 270 psf

Median transaction price

Condominium Ocean Palms(Permata Idaman)
© OpenStreetMap · CARTO

Ocean Palms Condominium, KM 9 Batang Tiga, 76400 Tanjung Kling, Malacca, Malaysia

Maps

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 279K to RM 533K, and a typical market range of RM 332K to RM 418K.

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 243 and RM 296. The usual range is RM 238.87 to RM 300.62, showing that most units are priced quite close to each other. With an IQR of RM 61.75 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.