TAMAN LIMBONGAN JAYA

Area Intelligence
2023
Median Price
RM 775,000
PSF: RM 504

Residential PSF Trends

Median Price

RM 575,000

PSF: RM 374

Commercial PSF Trends

Median Price

RM 800,000

RM 520 PSF

TAMAN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 775K and a median price per square foot (PSF) of RM 504.

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 575K to RM 1.13 million, and a typical market range of RM 600K to RM 950K.

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 504, though individual units vary from RM 343 to RM 664 in the core range. The broader market spans RM 383.50 to RM 623.50, indicating diverse property characteristics. A wider spread (IQR: RM 240.00) and deviation (MAD: RM 161) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

4 transactions grouped by size

1,550 sqft
RM 575,000
JALAN LJ 4
1,539 sqft · RM 374 PSF
RM 800,000
JALAN TLJ 1
1,539 sqft · RM 520 PSF
RM 750,000
TAMAN LIMBONGAN JAYA
1,539 sqft · RM 487 PSF
1,850 sqft
3-Storey Shop
RM 1,500,000
JALAN LIMBONGAN JAYA 1
1,851 sqft · RM 810 PSF

No Properties For Sale

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

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