Melaka
Melaka Tengah
Semabok
TAMAN SEMABOK JAYA

TAMAN SEMABOK JAYA

Area Intelligence

2021

Median Price

RM 300,000

PSF: RM 192

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 192

TAMAN SEMABOK JAYA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 300K and a median price per square foot (PSF) of RM 192.

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 300K, with most transactions falling within a stable range of RM 260K to RM 341K, and a typical market range of RM 260K to RM 360K.

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

The median PSF stands at RM 192, with core pricing between RM 157 and RM 227. Market pricing typically extends from RM 137.38 to RM 246.63, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 35 (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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