TAMAN PERINGGIT JAYA

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 228K and a median price per square foot (PSF) of RM 138.

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 228K, with most transactions falling within a stable range of RM 195K to RM 260K, and a typical market range of RM 195K to RM 260K.

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 138, with most transactions between RM 128 and RM 147. The usual range is RM 118.25 to RM 156.75, 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 10 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.