Area Intelligence

TAMAN BUKIT NIBONG DAMAI

10 properties
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Median Price
RM 279,500
PSF: RM 182

Residential Market

Median Price

RM 269,000

IQR: RM 15
MAD: RM 2
RM 175 PSF 2.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 538,000

RM 350 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN BUKIT NIBONG DAMAI in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 182.

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 280K, with most transactions falling within a stable range of RM 269K to RM 358K, and a typical market range of RM 269K to RM 309K.

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

Price per square foot shows a median of RM 182, though individual units vary from RM 131 to RM 232 in the core range. The broader market spans RM 172.00 to RM 191.00, indicating diverse property characteristics. A wider spread (IQR: RM 19.00) and deviation (MAD: RM 51) 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.

Area Location

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TAMAN BUKIT NIBONG DAMAI, Melaka Tengah, Melaka

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Transactions

10 properties grouped by size

1,550 sqft
10 units (showing 6)
RM 299,000
Single Storey Terraced JLN BND
1,539 sqft · RM 194.00 PSF
Sep 2024
RM 269,000
Single Storey Terraced JLN BND
1,539 sqft · RM 175.00 PSF
Aug 2024
RM 269,000
Single Storey Terraced JLN BND
1,539 sqft · RM 175.00 PSF
Jul 2024
RM 299,000
Single Storey Terraced JLN BND
1,539 sqft · RM 194.00 PSF
May 2024
RM 290,000
Single Storey Terraced JLN BND
1,539 sqft · RM 188.00 PSF
Mar 2024
RM 269,000
Single Storey Terraced JLN BND
1,539 sqft · RM 175.00 PSF
Feb 2024