| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pandan Jaya 1/4
|
RM 270,000
|
RM 226
|
1,195 sqft
|
|
|
Jalan PJ 1/13
|
RM 320,000
|
RM 208
|
1,539 sqft
|
|
|
Jalan PJ
|
RM 545,000
|
RM 316
|
1,722 sqft
|
|
|
Jalan Pandan Jaya 1/11
|
RM 900,000
|
RM 135
|
6,684 sqft
|
|
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Market Snapshot
ResidentialRM 432,500
RM 217 psfMedian transaction price
3121, Jalan Pandan, Kampung Tambak, 75000 Melaka, Malaysia
MapsTaman Pandan Jaya Sek 1 (Hai Choon Dev) in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 433K and a median price per square foot (PSF) of RM 217.
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 433K, with most transactions falling within a stable range of RM 270K to RM 681K, and a typical market range of RM 349K to RM 516K.
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 217, though individual units vary from RM 152 to RM 282 in the core range. The broader market spans RM 183.07 to RM 250.82, indicating diverse property characteristics. A wider spread (IQR: RM 67.75) and deviation (MAD: RM 65) 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.