Melaka
Melaka Tengah
Padang Temu
TAMAN PERTAM JAYA

TAMAN PERTAM JAYA

Area Intelligence

2021

Median Price

RM 468,000

PSF: RM 259

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Residential PSF Trends

Median Price

RM 468,000

PSF: RM 259

TAMAN PERTAM JAYA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 468K and a median price per square foot (PSF) of RM 259.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 468K, with most transactions falling within a stable range of RM 402K to RM 534K, and a typical market range of RM 412K to RM 524K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 259, though individual units vary from RM 166 to RM 352 in the core range. The broader market spans RM 207.30 to RM 310.30, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 93) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERTAM JAYA, Melaka Tengah, Melaka

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