TAMAN SEMABOK JAYA

Area Intelligence
2023
Median Price
RM 375,000
PSF: RM 211

Residential PSF Trends

Median Price

RM 375,000

PSF: RM 211

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 350K to RM 434K, and a typical market range of RM 350K to RM 458K.

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 211, though individual units vary from RM 157 to RM 264 in the core range. The broader market spans RM 155.88 to RM 265.13, indicating diverse property characteristics. A wider spread (IQR: RM 109.25) 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.

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TAMAN SEMABOK JAYA, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

1,200 sqft
Double Storey Terraced
RM 350,000
JALAN SJ 14
1,206 sqft · RM 290 PSF
1,550 sqft
Double Storey Terraced
RM 400,000
JALAN SJ 4
1,561 sqft · RM 256 PSF
RM 473,000
JALAN SEMABOK JAYA 4
1,561 sqft · RM 303 PSF
3,000 sqft
Single Storey Terraced
RM 500,000
JALAN SEMABOK JAYA 4
3,025 sqft · RM 165 PSF

No Properties For Sale

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

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