Melaka
Melaka Tengah
Ayer Molek
TAMAN BKT PENGKALAN(PENGKALAN JAYA)

TAMAN BKT PENGKALAN(PENGKALAN JAYA)

Area Intelligence

2022

Median Price

RM 375,000

PSF: RM 174

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 375,000

PSF: RM 174

TAMAN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 375K and a median price per square foot (PSF) of RM 174.

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 375K, with most transactions falling within a stable range of RM 306K to RM 444K, and a typical market range of RM 300K to RM 461K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 174, with most transactions between RM 157 and RM 191. The usual range is RM 146.32 to RM 202.07, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

TAMAN BKT PENGKALAN(PENGKALAN JAYA), Melaka Tengah, Melaka

OSM