TAMAN SEMABOK JAYA

Area Intelligence
2024
Median Price
RM 400,000
PSF: RM 272

Residential PSF Trends

Median Price

RM 400,000

PSF: RM 272

TAMAN 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 272.

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 318K to RM 483K.

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

The median PSF stands at RM 272, with core pricing between RM 220 and RM 324. Market pricing typically extends from RM 217.38 to RM 326.63, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

5 transactions grouped by size

1,200 sqft
Double Storey Terraced
RM 400,000
JALAN SJ 12
1,206 sqft · RM 332 PSF
RM 310,000
SJ 14
1,206 sqft · RM 257 PSF
1,550 sqft
RM 270,000
JALAN SEMABOK JAYA 5
1,561 sqft · RM 173 PSF
RM 440,000
JALAN SJ 2
1,561 sqft · RM 282 PSF
2,750 sqft
Double Storey Terraced
RM 750,000
JALAN SJ 2
2,756 sqft · RM 272 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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