TAMAN BUKIT NIBONG DAMAI

TAMAN BUKIT NIBONG DAMAI in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 314K and a median price per square foot (PSF) of RM 177.

This area contains both residential and commercial properties. View 12 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 314K, with most transactions falling within a stable range of RM 269K to RM 406K, and a typical market range of RM 285K to RM 344K.

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

Price per square foot shows a median of RM 177, though individual units vary from RM 109 to RM 245 in the core range. The broader market spans RM 167.50 to RM 186.50, indicating diverse property characteristics. A wider spread (IQR: RM 19.00) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

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.