TAMAN BKT PENGKALAN(PENGKALAN JAYA)

Area Intelligence
2024
Median Price
RM 345,000
PSF: RM 205

Residential PSF Trends

Median Price

RM 345,000

PSF: RM 205

TAMAN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 345K and a median price per square foot (PSF) of RM 205.

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 345K, with most transactions falling within a stable range of RM 299K to RM 391K, and a typical market range of RM 285K to RM 398K.

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 205, with most transactions between RM 189 and RM 221. The usual range is RM 177.13 to RM 232.88, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 16, 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.

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

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Transactions

3 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 285,000
JALAN PJ 6
1,539 sqft · RM 185 PSF
1,700 sqft
Single Storey Terraced
RM 345,000
JALAN PJ 8
1,679 sqft · RM 205 PSF
1,750 sqft
Double Storey Terraced
RM 398,000
JALAN PJ 8
1,765 sqft · RM 225 PSF

No Properties For Sale

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

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