TAMAN PERINGGIT JAYA

Area Intelligence
2023
Median Price
RM 350,000
PSF: RM 109

Residential PSF Trends

Median Price

RM 410,000

PSF: RM 98

Commercial PSF Trends

Median Price

RM 350,000

RM 130 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 350K and a median price per square foot (PSF) of RM 109.

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 350K, with most transactions falling within a stable range of RM 320K to RM 429K, and a typical market range of RM 320K to RM 408K.

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

The median PSF stands at RM 109, with core pricing between RM 92 and RM 127. Market pricing typically extends from RM 90.05 to RM 128.55, reflecting moderate variation in unit pricing. The spread of RM 38.50 (IQR) and deviation of RM 17 (MAD) suggest moderate price variations reflecting different property features.

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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Property Transactions

3 transactions grouped by size

2,700 sqft
Double Storey Shop
RM 350,000
MELOR 1
2,702 sqft · RM 130 PSF
2,950 sqft
Single Storey Semi-D
RM 320,000
LORONG MAYANG 1
2,928 sqft · RM 109 PSF
5,750 sqft
Single Storey Semi-D
RM 500,000
TAMAN PERINGGIT JAYA
5,748 sqft · RM 87 PSF

No Properties For Sale

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

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