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 278K to RM 280K, and a typical market range of RM 263K to RM 280K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 147, with most transactions between RM 138 and RM 157. The usual range is RM 127.75 to RM 166.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
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.
