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Market Snapshot
ResidentialRM 385,000
RM 198 psfMedian transaction price
No : 8 & 10, Ground Floor, Jalan PJ 14, Taman Pengkalan Jaya, 75460 Ayer Molek, Melaka, Malaysia
MapsTaman Bkt Pengkalan(Pengkalan Jaya) in Melaka Tengah, Melaka recorded 0 subsale transactions in 2026, with a median price of RM 392K and a median price per square foot (PSF) of RM 197.
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 392K, with most transactions falling within a stable range of RM 298K to RM 486K, and a typical market range of RM 306K to RM 477K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 197, with core pricing between RM 166 and RM 227. Market pricing typically extends from RM 168.63 to RM 224.38, reflecting moderate variation in unit pricing. The spread of RM 55.75 (IQR) and deviation of RM 31 (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.