JALAN TENGKERA

JALAN TENGKERA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 154.

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 450K, with most transactions falling within a stable range of RM 412K to RM 488K, and a typical market range of RM 414K to RM 486K.

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

The median PSF stands at RM 154, with core pricing between RM 126 and RM 182. Market pricing typically extends from RM 138.88 to RM 169.13, reflecting moderate variation in unit pricing. The spread of RM 30.25 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.