TAMAN BKT PENGKALAN(PENGKALAN JAYA)

Area Intelligence
2023
Median Price
RM 385,000
PSF: RM 229

Residential PSF Trends

Median Price

RM 385,000

PSF: RM 229

TAMAN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 229.

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 385K, with most transactions falling within a stable range of RM 238K to RM 532K, and a typical market range of RM 299K to RM 471K.

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

Price per square foot shows a median of RM 229, though individual units vary from RM 133 to RM 325 in the core range. The broader market spans RM 201.13 to RM 256.88, indicating diverse property characteristics. A wider spread (IQR: RM 55.75) and deviation (MAD: RM 96) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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

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Transactions

5 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 290,000
JALAN PJ 7
1,539 sqft · RM 188 PSF
RM 555,000
JALAN PJ 13
1,539 sqft · RM 361 PSF
1,700 sqft
Single Storey Terraced
RM 385,000
JALAN PJ 8
1,679 sqft · RM 229 PSF
1,750 sqft
Double Storey Terraced
RM 490,000
JALAN PJ 9
1,765 sqft · RM 278 PSF
1,900 sqft
Bungalow
RM 140,000
OFF JALAN TUN KUDU
1,905 sqft · RM 73 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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