Melaka
Melaka Tengah
Bdr Melaka
TAMAN PERINGGIT JAYA

TAMAN PERINGGIT JAYA

Area Intelligence

2021

Median Price

RM 195,000

PSF: RM 147

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Residential PSF Trends

Median Price

RM 195,000

PSF: RM 147

Commercial PSF Trends

Median Price

RM 317,000

RM 171 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 195K 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.

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 147 and RM 147. 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 0 indicate a highly stable PSF trend across properties.

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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