TAMAN PENGKALAN MINYAK DAMAI

TAMAN PENGKALAN MINYAK DAMAI in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 288K and a median price per square foot (PSF) of RM 163.

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 288K, with most transactions falling within a stable range of RM 288K to RM 308K, and a typical market range of RM 288K to RM 329K.

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

For price per square foot, the median is RM 163, with most transactions between RM 149 and RM 177. The usual range is RM 135.75 to RM 190.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 14, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.