| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Desa Jaya
|
RM 360,000
|
RM 200
|
1,798 sqft
|
|
|
|
Jalan Desa Jaya 1
|
RM 340,000
|
RM 189
|
1,798 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 195 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 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 195.
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 350K, with most transactions falling within a stable range of RM 340K to RM 360K, and a typical market range of RM 340K to RM 360K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 195, with most transactions between RM 189 and RM 200. The usual range is RM 174.34 to RM 215.09, 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 6 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.