Melaka
Melaka Tengah
Semabok
TAMAN SEMABOK JAYA

TAMAN SEMABOK JAYA

Area Intelligence

2021

Median Price

RM 330,000

PSF: RM 184

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 184

TAMAN SEMABOK JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 300K and RM 500K, with a median price of RM 330K and a median price per square foot (PSF) of RM 184.

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 330K, with most transactions falling within a stable range of RM 300K to RM 360K, and a typical market range of RM 300K to RM 360K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 184, with most transactions between RM 179 and RM 190. The usual range is RM 129.72 to RM 238.97, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 6, 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.

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TAMAN SEMABOK JAYA, Melaka Tengah, Melaka

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