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Market Snapshot
ResidentialRM 362,500
RM 284 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 0 subsale transactions in 2026, with a median price of RM 363K and a median price per square foot (PSF) of RM 284.
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 363K, with most transactions falling within a stable range of RM 316K to RM 410K, and a typical market range of RM 320K to RM 405K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 284, with core pricing between RM 252 and RM 316. Market pricing typically extends from RM 253.13 to RM 314.88, reflecting moderate variation in unit pricing. With an IQR of RM 61.75 and MAD of RM 32, 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.