TMN ARA PERMAI

TMN ARA PERMAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 247.

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 450K, with most transactions falling within a stable range of RM 280K to RM 662K, and a typical market range of RM 280K to RM 684K.

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

The median PSF stands at RM 247, with core pricing between RM 217 and RM 277. Market pricing typically extends from RM 210.50 to RM 283.50, reflecting moderate variation in unit pricing. With an IQR of RM 73.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.