| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 195,000
|
RM 226
|
861 sqft
|
|
|
|
Level 1
|
RM 220,000
|
RM 255
|
861 sqft
|
|
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Lrg Tengkera Jaya, 75200 Melaka, Malaysia
MapsTaman Tengkera Jaya F-1 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 208K and a median price per square foot (PSF) of RM 241.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 208K, with most transactions falling within a stable range of RM 195K to RM 220K, and a typical market range of RM 201K to RM 214K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 241, with most transactions between RM 226 and RM 255. The usual range is RM 233.72 to RM 248.22, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.