Melaka
Melaka Tengah
Bdr Melaka
JALAN BUKIT SENJUANG

JALAN BUKIT SENJUANG

Area Intelligence

2023

Median Price

RM 535,000

PSF: RM 142

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Residential PSF Trends

Median Price

RM 535,000

PSF: RM 142

JALAN BUKIT SENJUANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 535K and a median price per square foot (PSF) of RM 142.

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 535K, with most transactions falling within a stable range of RM 520K to RM 550K, and a typical market range of RM 520K to RM 550K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 142, though individual units vary from RM 95 to RM 188 in the core range. The broader market spans RM 118.25 to RM 164.75, indicating diverse property characteristics. A wider spread (IQR: RM 46.50) and deviation (MAD: RM 47) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN BUKIT SENJUANG, Melaka Tengah, Melaka

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