Area Intelligence

TMN DESA DAMAI

2 properties
Low-Cost House
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Median Price
RM 142,500
PSF: RM 204

Residential Market

Median Price

RM 142,500

IQR: RM 52
MAD: RM 29
RM 204 PSF 7.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA DAMAI in Melaka Tengah, Melaka recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 143K and a median price per square foot (PSF) of RM 204.

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 143K, with most transactions falling within a stable range of RM 120K to RM 165K, and a typical market range of RM 120K to RM 165K.

Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 204, with core pricing between RM 172 and RM 236. Market pricing typically extends from RM 178.00 to RM 230.00, reflecting moderate variation in unit pricing. The spread of RM 52.00 (IQR) and deviation of RM 32 (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

2 properties grouped by size

700 sqft
2 units Low-Cost House
RM 165,000
JALAN BAHAGIA 7
700 sqft · RM 236.00 PSF
Sep 2024
RM 120,000
JLN BAHAGIA 7
700 sqft · RM 172.00 PSF
May 2023