Area Intelligence

TMN LIMBONGAN JAYA

6 properties
3-Storey Storey Shop
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Median Price
RM 905,000
PSF: RM 588

Residential Market

Median Price

RM 850,000

IQR: RM 88
MAD: RM 53
RM 309 PSF 16.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 905,000

IQR: RM 139
MAD: RM 72
RM 588 PSF 0.7%

PSF Trends (2021-2025)

TMN LIMBONGAN JAYA in Melaka Tengah, Melaka recorded 6 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 905K and a median price per square foot (PSF) of RM 588.

This area contains both residential and commercial properties. View 6 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 905K, with most transactions falling within a stable range of RM 750K to RM 1.19 million, and a typical market range of RM 750K to RM 1.08 million.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 588, with core pricing between RM 476 and RM 700. Market pricing typically extends from RM 468.00 to RM 708.00, reflecting moderate variation in unit pricing. The spread of RM 240.00 (IQR) and deviation of RM 112 (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.

Area Location

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TMN LIMBONGAN JAYA, Melaka Tengah, Melaka

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Transactions

6 properties grouped by size

1,550 sqft
4 units 3-Storey Storey Shop
RM 810,000
JLN LJ 2
1,539 sqft · RM 526.00 PSF
Apr 2024
RM 1,000,000
JLN LJ 2
1,539 sqft · RM 650.00 PSF
Jan 2024
RM 800,000
JLN TLJ 1
1,539 sqft · RM 520.00 PSF
Mar 2023
RM 750,000
TMN LIMBONGAN JAYA
1,539 sqft · RM 487.00 PSF
Mar 2023
1,850 sqft
1 units 3-Storey Storey Shop
RM 1,500,000
JALAN LIMBONGAN JAYA 1
1,851 sqft · RM 810.00 PSF
Feb 2023
2,050 sqft
1 units 3-Storey Storey Shop
RM 1,350,000
JALAN LIMBONGAN JAYA 2
2,034 sqft · RM 664.00 PSF
Aug 2023