| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Desa Jaya 3
|
RM 390,000
|
RM 217
|
1,798 sqft
|
|
|
|
Jalan Desa Jaya 3
|
RM 400,000
|
RM 223
|
1,798 sqft
|
|
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Market Snapshot
ResidentialRM 395,000
RM 220 psfMedian transaction price
5, Jln Desa Jaya, Kampung Bukit Baru, 75150 Melaka, Malaysia
MapsTaman Desa Jaya in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 395K and a median price per square foot (PSF) of RM 220.
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 395K, with most transactions falling within a stable range of RM 390K to RM 400K, and a typical market range of RM 390K to RM 400K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 220, with most transactions between RM 217 and RM 223. The usual range is RM 199.37 to RM 240.12, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.75 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.