|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Sj 2
|
RM 750,000
|
RM 447
|
1,679 sqft
|
|
2-Sty Terrace |
|
Jalan Sj 12
|
RM 400,000
|
RM 256
|
1,561 sqft
|
|
2-Sty Terrace |
|
Sj 14
|
RM 310,000
|
RM 199
|
1,561 sqft
|
|
2-Sty Terrace |
|
Jalan Semabok Jaya 5
|
RM 270,000
|
RM 173
|
1,561 sqft
|
|
Terrace |
|
Jalan Sj 2
|
RM 440,000
|
RM 262
|
1,679 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 400,000
RM 256 psfMedian transaction price
Taman Semabok Jaya, Melaka, Malaysia
MapsTaman Semabok Jaya in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 256.
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 400K, with most transactions falling within a stable range of RM 270K to RM 569K, and a typical market range of RM 315K to RM 485K.
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 256, though individual units vary from RM 160 to RM 352 in the core range. The broader market spans RM 200.78 to RM 311.78, indicating diverse property characteristics. A wider spread (IQR: RM 111.00) and deviation (MAD: RM 96) 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.