Area Intelligence

TAMAN PENGKALAN MINYAK DAMAI

11 properties
2023
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Median Price
RM 338,000
PSF: RM 116

Residential Market

Median Price

RM 338,000

IQR: RM 50
MAD: RM 31
RM 116 PSF 30.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PENGKALAN MINYAK DAMAI in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 338K and a median price per square foot (PSF) of RM 116.

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 338K, with most transactions falling within a stable range of RM 301K to RM 375K, and a typical market range of RM 298K to RM 379K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 116, though individual units vary from RM 91 to RM 141 in the core range. The broader market spans RM 88.75 to RM 143.25, indicating diverse property characteristics. The spread of RM 54.50 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PENGKALAN MINYAK DAMAI, Melaka Tengah, Melaka

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Transactions

11 properties grouped by size

1,750 sqft
1 units Single Storey Terraced
RM 288,000
JALAN PMD 7
1,765 sqft · RM 163.00 PSF
Dec 2023
2,050 sqft
1 units Single Storey Terraced
RM 304,000
JALAN PMD 6
2,056 sqft · RM 148.00 PSF
Dec 2023
2,150 sqft
1 units Single Storey Terraced
RM 306,000
JALAN PMD 7
2,131 sqft · RM 144.00 PSF
Dec 2023
2,650 sqft
2 units Cluster House
RM 338,000
JALAN PMD 5
2,626 sqft · RM 129.00 PSF
Dec 2023
RM 338,000
JALAN PMD 6
2,626 sqft · RM 129.00 PSF
Nov 2023
3,000 sqft
1 units Cluster House
RM 345,000
JALAN PMD 5
2,982 sqft · RM 116.00 PSF
Dec 2023
3,250 sqft
1 units Cluster House
RM 350,000
PMD 5
3,240 sqft · RM 108.00 PSF
Nov 2023
3,300 sqft
1 units Cluster House
RM 352,000
JALAN PMD 6
3,315 sqft · RM 106.00 PSF
Nov 2023
3,450 sqft
1 units Single Storey Terraced
RM 338,000
JALAN PMD 6
3,434 sqft · RM 98.00 PSF
Nov 2023
3,600 sqft
1 units Single Storey Terraced
RM 341,000
JALAN PMD 7
3,595 sqft · RM 95.00 PSF
Dec 2023
5,950 sqft
1 units Single Storey Semi-D
RM 437,000
JALAN TAMAN PMD
5,974 sqft · RM 73.00 PSF
Jun 2023