TAMAN PERINGGIT JAYA

TAMAN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 294K and a median price per square foot (PSF) of RM 168.

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 294K, with most transactions falling within a stable range of RM 250K to RM 434K, and a typical market range of RM 250K to RM 351K.

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

The median PSF stands at RM 168, with core pricing between RM 144 and RM 191. Market pricing typically extends from RM 148.25 to RM 186.75, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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.