TAMAN PERINGGIT JAYA

Area Intelligence
2022
Median Price
RM 320,000
PSF: RM 163

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 141

Commercial PSF Trends

Median Price

RM 420,000

RM 220 PSF

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 163.

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 320K, with most transactions falling within a stable range of RM 222K to RM 418K, and a typical market range of RM 263K to RM 378K.

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 163, though individual units vary from RM 123 to RM 203 in the core range. The broader market spans RM 143.75 to RM 182.25, 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

8 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
2,900 sqft
Single Storey Semi-D
RM 380,000
LORONG MAYANG 1
2,917 sqft · RM 130 PSF
3,300 sqft
Double Storey Shop
RM 500,000
JALAN TAMAN PERINGGIT JAYA
3,294 sqft · RM 152 PSF

No Properties For Sale

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

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