Melaka
Melaka Tengah
Bdr Melaka
TAMAN PERINGGIT JAYA

TAMAN PERINGGIT JAYA

Area Intelligence

2024

Median Price

RM 395,000

PSF: RM 122

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 118

Commercial PSF Trends

Median Price

RM 340,000

RM 126 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 395K and a median price per square foot (PSF) of RM 122.

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 395K, with most transactions falling within a stable range of RM 340K to RM 450K, and a typical market range of RM 340K to RM 450K.

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 122, with most transactions between RM 118 and RM 126. The usual range is RM 102.89 to RM 141.39, 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 4 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.

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TAMAN PERINGGIT JAYA, Melaka Tengah, Melaka

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