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

TAMAN BKT PENGKALAN(PENGKALAN JAYA)

Area Intelligence

2023

Median Price

RM 430,000

PSF: RM 228

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Residential PSF Trends

Median Price

RM 430,000

PSF: RM 228

TAMAN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 430K and a median price per square foot (PSF) of RM 228.

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 430K, with most transactions falling within a stable range of RM 387K to RM 473K, and a typical market range of RM 385K to RM 490K.

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

The median PSF stands at RM 228, with core pricing between RM 183 and RM 272. Market pricing typically extends from RM 199.74 to RM 255.49, reflecting moderate variation in unit pricing. The spread of RM 55.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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.

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

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