| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan PJ 3
|
RM 290,000
|
RM 188
|
1,539 sqft
|
|
|
|
Jalan PJ 13
|
RM 300,000
|
RM 195
|
1,539 sqft
|
|
|
Jalan PJ 8
|
RM 600,000
|
RM 279
|
2,153 sqft
|
|
|
|
Jalan PJ 15
|
RM 400,000
|
RM 186
|
2,153 sqft
|
|
|
|
Jalan PJ 8
|
RM 350,000
|
RM 163
|
2,153 sqft
|
|
|
Jalan PJ 12
|
RM 488,000
|
RM 153
|
3,197 sqft
|
|
|
Jalan PJ 17
|
RM 600,000
|
RM 168
|
3,574 sqft
|
|
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Market Snapshot
ResidentialRM 400,000
RM 186 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 7 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 186.
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 400K, with most transactions falling within a stable range of RM 290K to RM 522K, and a typical market range of RM 314K to RM 486K.
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 186, though individual units vary from RM 147 to RM 225 in the core range. The broader market spans RM 157.94 to RM 213.69, indicating diverse property characteristics. The spread of RM 55.75 (IQR) and deviation of RM 39 (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.