| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tengkera
|
RM 262,000
|
RM 132
|
1,985 sqft
|
|
|
Jalan Tengkera
|
RM 460,000
|
RM 216
|
2,131 sqft
|
|
|
Jalan Tengkera Pantai 2
|
RM 525,000
|
RM 138
|
3,792 sqft
|
|
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Market Snapshot
ResidentialRM 460,000
RM 138 psfMedian transaction price
Jln Tengkera, Melaka, Malaysia
MapsJalan 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 422K to RM 498K.
Most transactions involved 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 177 in the core range. The broader market spans RM 110.18 to RM 166.68, indicating diverse property characteristics. A wider spread (IQR: RM 56.50) 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.