Melaka
Melaka Tengah
Bdr Melaka
TAMAN LIMBONGAN JAYA

TAMAN LIMBONGAN JAYA

Area Intelligence

2023

Median Price

RM 1,300,000

PSF: RM 341

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Commercial PSF Trends

Median Price

RM 1,425,000

RM 326 PSF

TAMAN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, priced between RM 1.00 million and RM 2.00 million, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 341.

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 1.30 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.45 million, and a typical market range of RM 1.13 million to RM 1.48 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 341, with most transactions between RM 310 and RM 371. The usual range is RM 220.68 to RM 460.68, showing that most units are priced quite close to each other. With an IQR of RM 240.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

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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TAMAN LIMBONGAN JAYA, Melaka Tengah, Melaka

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