Taman Indah Permai (Laksamana Cheng Ho) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM555K and a median price per square foot (PSF) of RM319.

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 RM555K, with most transactions falling within a stable range of RM520K to RM590K, and a typical market range of RM520K to RM590K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM319, with most transactions between RM319 and RM320. The usual range is RM294.31 to RM344.31, showing that most units are priced quite close to each other. With an IQR of RM50.00 and MAD of RM1, 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.