TAMAN PERINGGIT JAYA

Area Intelligence
2022
Median Price
RM 270,000
PSF: RM 179

Residential PSF Trends

Median Price

RM 255,000

PSF: RM 158

Commercial PSF Trends

Median Price

RM 395,000

RM 235 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 179.

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 270K, with most transactions falling within a stable range of RM 191K to RM 349K, and a typical market range of RM 213K to RM 328K.

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

Price per square foot shows a median of RM 179, though individual units vary from RM 139 to RM 218 in the core range. The broader market spans RM 159.25 to RM 197.75, indicating diverse property characteristics. The spread of RM 38.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

6 transactions grouped by size

1,300 sqft
Low-Cost House
RM 240,000
JALAN MELATI 5
1,313 sqft · RM 183 PSF
RM 185,000
TAMAN PERINGGIT JAYA
1,313 sqft · RM 141 PSF
1,550 sqft
Single Storey Terraced
RM 270,000
JALAN MELATI 2
1,550 sqft · RM 174 PSF
1,700 sqft
Double Storey Shop
RM 370,000
JALAN TAMAN PERINGGIT JAYA
1,679 sqft · RM 220 PSF
RM 420,000
JALAN PERINGGIT
1,690 sqft · RM 249 PSF
1,950 sqft
Single Storey Terraced
RM 270,000
JALAN MAWAR 6
1,948 sqft · RM 139 PSF

No Properties For Sale

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

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