Melaka
Melaka Tengah
Bdr Melaka
JALAN TENGKERA

JALAN TENGKERA

Area Intelligence

2023

Median Price

RM 361,000

PSF: RM 174

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Residential PSF Trends

Median Price

RM 361,000

PSF: RM 174

JALAN TENGKERA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 361K and a median price per square foot (PSF) of RM 174.

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 361K, with most transactions falling within a stable range of RM 262K to RM 460K, and a typical market range of RM 323K to RM 399K.

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 174, though individual units vary from RM 132 to RM 216 in the core range. The broader market spans RM 145.75 to RM 202.25, indicating diverse property characteristics. The spread of RM 56.50 (IQR) and deviation of RM 42 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN TENGKERA, Melaka Tengah, Melaka

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