Melaka
Melaka Tengah
Bdr Melaka
TAMAN PERINGGIT JAYA

TAMAN PERINGGIT JAYA

Area Intelligence

2023

Median Price

RM 320,000

PSF: RM 147

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 109

Commercial PSF Trends

Median Price

RM 315,000

RM 187 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 147.

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 220K to RM 420K, 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 147, though individual units vary from RM 104 to RM 190 in the core range. The broader market spans RM 127.75 to RM 166.25, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 43) 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 PERINGGIT JAYA, Melaka Tengah, Melaka

OSM

Track location

Transactions

5 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)

Clear

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)

Clear

RM 350,000

MELOR 1

1,679 sqft • RM 208.00 PSF

Oct 2023

RM 320,000

LORONG MAYANG 1

2,928 sqft • RM 109.00 PSF

Apr 2023

RM 500,000

TAMAN PERINGGIT JAYA

5,748 sqft • RM 87.00 PSF

Feb 2023

RM 195,000

TAMAN PERINGGIT JAYA

1,324 sqft • RM 147.00 PSF

Feb 2023

RM 280,000

LORONG MAYANG 1

1,690 sqft • RM 166.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
MELOR 1	RM 350,000	RM 208.00	1,679 sqft	Oct 2023	Double Storey Shop
LORONG MAYANG 1	RM 320,000	RM 109.00	2,928 sqft	Apr 2023	Single Storey Semi-D
TAMAN PERINGGIT JAYA	RM 500,000	RM 87.00	5,748 sqft	Feb 2023	Single Storey Semi-D
TAMAN PERINGGIT JAYA	RM 195,000	RM 147.00	1,324 sqft	Feb 2023	Low-Cost House
LORONG MAYANG 1	RM 280,000	RM 166.00	1,690 sqft	Jan 2023	Single Storey Shop