Area Intelligence

TMN DESA DAMAI

4 properties
2024
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Median Price
RM 190,000
PSF: RM 223

Residential Market

Median Price

RM 190,000

IQR: RM 52
MAD: RM 29
RM 223 PSF 7.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA DAMAI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 223.

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 190K, with most transactions falling within a stable range of RM 165K to RM 264K, and a typical market range of RM 165K to RM 239K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 223, though individual units vary from RM 176 to RM 269 in the core range. The broader market spans RM 196.50 to RM 248.50, indicating diverse property characteristics. The spread of RM 52.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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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TMN DESA DAMAI, Melaka Tengah, Melaka

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Transactions

4 properties found

Low-Cost House JALAN BAHAGIA 7
RM 165,000
700 sqft Sep 2024
RM 236.00 PSF
Double Storey Terraced JLN BAHAGIA 5
RM 200,000
958 sqft Jun 2024
RM 209.00 PSF
Double Storey Terraced JLN BAHAGIA 4
RM 350,000
1,399 sqft May 2024
RM 250.00 PSF
Double Storey Terraced JALAN BAHAGIA 4
RM 180,000
1,399 sqft Jan 2024
RM 129.00 PSF