Area Intelligence

THE OZANA RESIDENCES

15 properties
2021
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Median Price
RM 588,000
PSF: RM 206

Residential Market

Median Price

RM 588,000

IQR: RM 129
MAD: RM 59
RM 206 PSF 15.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE OZANA RESIDENCES in Melaka Tengah, Melaka recorded 15 subsale transactions in 2021, with a median price of RM 588K and a median price per square foot (PSF) of RM 206.

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 588K, with most transactions falling within a stable range of RM 485K to RM 961K, and a typical market range of RM 499K to RM 678K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 206, though individual units vary from RM 134 to RM 278 in the core range. The broader market spans RM 133.25 to RM 278.75, indicating diverse property characteristics. A wider spread (IQR: RM 145.50) and deviation (MAD: RM 72) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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THE OZANA RESIDENCES, Melaka Tengah, Melaka

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Transactions

15 properties grouped by size

1,850 sqft
5 units Double Storey Terraced
RM 510,000
JLN OR 4
1,862 sqft · RM 274.00 PSF
Dec 2021
RM 550,000
JLN OR 6
1,862 sqft · RM 295.00 PSF
Dec 2021
RM 588,000
JLN OR 8
1,862 sqft · RM 316.00 PSF
Aug 2021
RM 520,000
JLN OR 10
1,862 sqft · RM 279.00 PSF
Aug 2021
RM 578,000
JLN OR 10
1,862 sqft · RM 310.00 PSF
Jul 2021
3,400 sqft
6 units
RM 590,000
Single Storey Semi-D JALAN OR 7
3,401 sqft · RM 173.00 PSF
Dec 2021
RM 485,000
Single Storey Semi-D JALAN OR 7
3,401 sqft · RM 143.00 PSF
Oct 2021
RM 535,000
Single Storey Semi-D JLN OR 7
3,401 sqft · RM 157.00 PSF
Oct 2021
RM 700,000
Double Storey Semi-D JALAN OR 3
3,401 sqft · RM 206.00 PSF
Sep 2021
RM 529,000
Single Storey Semi-D JALAN OR 7
3,401 sqft · RM 156.00 PSF
May 2021
RM 750,000
Double Storey Semi-D JALAN OR 5
3,401 sqft · RM 220.00 PSF
May 2021
8,750 sqft
2 units Detached
RM 889,000
JALAN OR1
8,730 sqft · RM 102.00 PSF
Jul 2021
RM 950,000
JALAN OR1
8,751 sqft · RM 109.00 PSF
Feb 2021
8,800 sqft
1 units Detached
RM 1,089,000
JALAN OR1
8,783 sqft · RM 124.00 PSF
Dec 2021
9,500 sqft
1 units Detached
RM 1,980,000
JLN OR 1
9,515 sqft · RM 208.00 PSF
Dec 2021