TAMAN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 905K and a median price per square foot (PSF) of RM 588.
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 905K, with most transactions falling within a stable range of RM 710K to RM 1.10 million, and a typical market range of RM 730K to RM 1.08 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 588, though individual units vary from RM 467 to RM 710 in the core range. The broader market spans RM 468.00 to RM 708.00, indicating diverse property characteristics. The spread of RM 240.00 (IQR) and deviation of RM 122 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
