TAMAN PERINGGIT JAYA

Area Intelligence
2024
Median Price
RM 293,500
PSF: RM 168

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 162

Commercial PSF Trends

Median Price

RM 293,000

RM 168 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 294K and a median price per square foot (PSF) of RM 168.

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 294K, with most transactions falling within a stable range of RM 250K to RM 434K, and a typical market range of RM 250K to RM 351K.

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

The median PSF stands at RM 168, with core pricing between RM 144 and RM 191. Market pricing typically extends from RM 148.25 to RM 186.75, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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 grouped by size

1,550 sqft
Single Storey Terraced
RM 250,000
TAMAN PERINGGIT JAYA
1,539 sqft · RM 162 PSF
1,700 sqft
RM 293,000
JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 174 PSF
RM 280,000
JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 167 PSF
RM 260,000
TAMAN PERINGGIT JAYA
1,679 sqft · RM 155 PSF
RM 340,000
JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 202 PSF
1,750 sqft
Single Storey Shop
RM 294,000
JALAN TAMAN PERINGGIT JAYA
1,755 sqft · RM 168 PSF
3,700 sqft
Single Storey Semi-D
RM 694,000
LORONG MAYANG
3,703 sqft · RM 187 PSF
3,800 sqft
Single Storey Semi-D
RM 450,000
JALAN TAMAN PERINGGIT JAYA
3,800 sqft · RM 118 PSF

No Properties For Sale

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

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