TAMAN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 431.
This area contains both residential and commercial properties. View 6 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 805K to RM 1.20 million, and a typical market range of RM 825K to RM 1.18 million.
Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 431, though individual units vary from RM 309 to RM 552 in the core range. The broader market spans RM 310.50 to RM 550.50, indicating diverse property characteristics. A wider spread (IQR: RM 240.00) and deviation (MAD: RM 122) 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.
