Area Intelligence

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN)

23 properties
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Median Price
RM 380,000
PSF: RM 269

Residential Market

Median Price

RM 380,000

IQR: RM 58
MAD: RM 30
RM 269 PSF 3.3%

PSF Trends (2021-2025)

CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN) in Melaka Tengah, Melaka recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 380K and a median price per square foot (PSF) of RM 269.

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 380K, with most transactions falling within a stable range of RM 334K to RM 426K, and a typical market range of RM 341K to RM 419K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 269, with core pricing between RM 236 and RM 302. Market pricing typically extends from RM 239.88 to RM 298.13, reflecting moderate variation in unit pricing. With an IQR of RM 58.25 and MAD of RM 33, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

Area Location

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CONDOMINIUM OCEAN PALMS(PERMATA IDAMAN), Melaka Tengah, Melaka

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Transactions

23 properties grouped by size

1,400 sqft
13 units (showing 6) Condo/Apartment
RM 338,000
1,410 sqft · RM 240.00 PSF
Sep 2024
RM 480,000
1,410 sqft · RM 340.00 PSF
May 2024
RM 380,000
1,410 sqft · RM 269.00 PSF
Oct 2023
RM 399,000
1,410 sqft · RM 283.00 PSF
May 2023
RM 370,000
1,410 sqft · RM 262.00 PSF
Apr 2023
RM 420,000
1,410 sqft · RM 298.00 PSF
Oct 2022
1,450 sqft
10 units (showing 6) Condo/Apartment
RM 350,000
1,442 sqft · RM 243.00 PSF
May 2024
RM 370,000
1,442 sqft · RM 257.00 PSF
Apr 2024
RM 330,000
1,442 sqft · RM 229.00 PSF
Apr 2024
RM 435,000
1,442 sqft · RM 302.00 PSF
Jan 2024
RM 350,000
1,442 sqft · RM 243.00 PSF
Sep 2023
RM 355,000
1,442 sqft · RM 246.00 PSF
Jul 2023