TAMAN SEMABOK JAYA

TAMAN SEMABOK JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 211.

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 375K, with most transactions falling within a stable range of RM 361K to RM 280K, and a typical market range of RM 293K to RM 280K.

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 211, with most transactions between RM 190 and RM 231. The usual range is RM 155.88 to RM 265.13, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.