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 267K to RM 373K, 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.
The median PSF stands at RM 147, with core pricing between RM 126 and RM 168. Market pricing typically extends from RM 127.75 to RM 166.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
