TAMAN LIMBONGAN JAYA

TAMAN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 775K and a median price per square foot (PSF) of RM 229.

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 775K, with most transactions falling within a stable range of RM 657K to RM 893K, and a typical market range of RM 600K to RM 900K.

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 229, though individual units vary from RM 178 to RM 280 in the core range. The broader market spans RM 109.19 to RM 349.19, indicating diverse property characteristics. The spread of RM 240.00 (IQR) and deviation of RM 51 (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.