Area Intelligence

TMN DESA DAMAI

3 properties
2022
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Median Price
RM 270,000
PSF: RM 222

Residential Market

Median Price

RM 270,000

IQR: RM 52
MAD: RM 29
RM 222 PSF 7.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA DAMAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 222.

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 270K, with most transactions falling within a stable range of RM 260K to RM 292K, and a typical market range of RM 260K to RM 310K.

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

The median PSF stands at RM 222, with core pricing between RM 190 and RM 254. Market pricing typically extends from RM 196.00 to RM 248.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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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TMN DESA DAMAI, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

950 sqft
1 units Double Storey Terraced
RM 260,000
JLN BAHAGIA 3
958 sqft · RM 271.00 PSF
Feb 2022
1,400 sqft
2 units Double Storey Terraced
RM 310,000
JALAN BAHAGIA 1
1,399 sqft · RM 222.00 PSF
Dec 2022
RM 270,000
JALAN BAHAGIA 4
1,399 sqft · RM 193.00 PSF
Nov 2022