TMN DESA DAMAI

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.