JALAN TENGKERA

JALAN TENGKERA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 138.

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 460K, with most transactions falling within a stable range of RM 348K to RM 525K, and a typical market range of RM 424K to RM 496K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 138, though individual units vary from RM 100 to RM 176 in the core range. The broader market spans RM 122.88 to RM 153.13, indicating diverse property characteristics. A wider spread (IQR: RM 30.25) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.