TAMAN PANDAN JAYA SEK 1 (HAI CHOON DEV)

TAMAN PANDAN JAYA SEK 1 (HAI CHOON DEV) in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 320K and a median price per square foot (PSF) of RM 193.

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 320K, with most transactions falling within a stable range of RM 230K to RM 410K, and a typical market range of RM 236K to RM 404K.

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

The median PSF stands at RM 193, with core pricing between RM 157 and RM 230. Market pricing typically extends from RM 159.13 to RM 226.88, reflecting moderate variation in unit pricing. The spread of RM 67.75 (IQR) and deviation of RM 37 (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.