TAMAN PERINGGIT JAYA

Area Intelligence
2023
Median Price
RM 300,000
PSF: RM 157

Residential PSF Trends

Median Price

RM 257,500

PSF: RM 128

Commercial PSF Trends

Median Price

RM 315,000

RM 187 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 157.

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 300K, with most transactions falling within a stable range of RM 242K to RM 350K, and a typical market range of RM 243K to RM 350K.

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 157, though individual units vary from RM 121 to RM 192 in the core range. The broader market spans RM 137.25 to RM 175.75, indicating diverse property characteristics. The spread of RM 38.50 (IQR) and deviation of RM 36 (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

4 transactions grouped by size

1,300 sqft
Low-Cost House
RM 195,000
TAMAN PERINGGIT JAYA
1,324 sqft · RM 147 PSF
1,700 sqft
RM 350,000
MELOR 1
1,679 sqft · RM 208 PSF
RM 280,000
LORONG MAYANG 1
1,690 sqft · RM 166 PSF
2,950 sqft
Single Storey Semi-D
RM 320,000
LORONG MAYANG 1
2,928 sqft · RM 109 PSF

No Properties For Sale

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

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