Melaka
Melaka Tengah
Bdr Melaka
TAMAN PERINGGIT JAYA

TAMAN PERINGGIT JAYA

Area Intelligence

2022

Median Price

RM 320,000

PSF: RM 163

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 141

Commercial PSF Trends

Median Price

RM 420,000

RM 220 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 163.

This area contains both residential and commercial properties. View 8 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 222K to RM 418K, and a typical market range of RM 263K to RM 378K.

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

Price per square foot shows a median of RM 163, though individual units vary from RM 123 to RM 203 in the core range. The broader market spans RM 143.75 to RM 182.25, indicating diverse property characteristics. The spread of RM 38.50 (IQR) and deviation of RM 40 (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 PERINGGIT JAYA, Melaka Tengah, Melaka

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Transactions

8 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 270,000

JALAN MAWAR 6

1,948 sqft • RM 139.00 PSF

Dec 2022

RM 370,000

JALAN TAMAN PERINGGIT JAYA

1,679 sqft • RM 220.00 PSF

Dec 2022

RM 240,000

JALAN MELATI 5

1,313 sqft • RM 183.00 PSF

Jul 2022

RM 420,000

JALAN PERINGGIT

1,690 sqft • RM 249.00 PSF

Jun 2022

RM 270,000

JALAN MELATI 2

1,550 sqft • RM 174.00 PSF

May 2022

RM 500,000

JALAN TAMAN PERINGGIT JAYA

3,294 sqft • RM 152.00 PSF

Apr 2022

RM 380,000

LORONG MAYANG 1

2,917 sqft • RM 130.00 PSF

Feb 2022

RM 185,000

TAMAN PERINGGIT JAYA

1,313 sqft • RM 141.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
JALAN MAWAR 6	RM 270,000	RM 139.00	1,948 sqft	Dec 2022	Single Storey Terraced
JALAN TAMAN PERINGGIT JAYA	RM 370,000	RM 220.00	1,679 sqft	Dec 2022	Double Storey Shop
JALAN MELATI 5	RM 240,000	RM 183.00	1,313 sqft	Jul 2022	Low-Cost House
JALAN PERINGGIT	RM 420,000	RM 249.00	1,690 sqft	Jun 2022	Double Storey Shop
JALAN MELATI 2	RM 270,000	RM 174.00	1,550 sqft	May 2022	Single Storey Terraced
JALAN TAMAN PERINGGIT JAYA	RM 500,000	RM 152.00	3,294 sqft	Apr 2022	Double Storey Shop
LORONG MAYANG 1	RM 380,000	RM 130.00	2,917 sqft	Feb 2022	Single Storey Semi-D
TAMAN PERINGGIT JAYA	RM 185,000	RM 141.00	1,313 sqft	Jan 2022	Low-Cost House