TAMAN LIMBONGAN JAYA

Area Intelligence
2023
Median Price
RM 662,500
PSF: RM 223

Commercial PSF Trends

Median Price

RM 750,000

RM 176 PSF

TAMAN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 663K and a median price per square foot (PSF) of RM 223.

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 663K, with most transactions falling within a stable range of RM 575K to RM 750K, and a typical market range of RM 575K to RM 750K.

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 223, though individual units vary from RM 176 to RM 271 in the core range. The broader market spans RM 103.34 to RM 343.34, indicating diverse property characteristics. The spread of RM 240.00 (IQR) and deviation of RM 48 (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.

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TAMAN LIMBONGAN JAYA, Melaka Tengah, Melaka

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Property Transactions

2 transactions grouped by size

2,100 sqft
Double Storey Terraced
RM 575,000
JALAN LJ 4
2,120 sqft · RM 271 PSF
4,250 sqft
3-Storey Shop
RM 750,000
TAMAN LIMBONGAN JAYA
4,273 sqft · RM 176 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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