|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong 4
|
RM 340,000
|
RM 130
|
2,616 sqft
|
|
LC House |
|
Jalan Sj 3
|
RM 430,000
|
RM 256
|
1,679 sqft
|
|
2-Sty Terrace |
|
Jalan Semabok Jaya 5
|
RM 250,000
|
RM 160
|
1,561 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 340,000
RM 160 psfMedian transaction price
Taman Semabok Jaya, Melaka, Malaysia
MapsTaman Semabok Jaya in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 160.
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 340K, with most transactions falling within a stable range of RM 267K to RM 413K, and a typical market range of RM 255K to RM 425K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 160, though individual units vary from RM 106 to RM 214 in the core range. The broader market spans RM 104.68 to RM 215.68, indicating diverse property characteristics. A wider spread (IQR: RM 111.00) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.
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.