Taman Peringgit Jaya

75400 Peringgit, Melaka, Malaysia

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
LC House
RM195,000
Taman Peringgit Jaya
1,324 sqft · RM147 PSF
1,350 sqft
1-Sty Shop
RM280,000
Lorong Mayang 1
1,356 sqft · RM206 PSF
2,700 sqft
2-Sty Shop
RM350,000
Melor 1
2,702 sqft · RM130 PSF
2,950 sqft
Semi-D
RM320,000
Lorong Mayang 1
2,928 sqft · RM109 PSF
5,750 sqft
Semi-D
RM500,000
Taman Peringgit Jaya
5,748 sqft · RM87 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM320,000

RM109 psf

Median transaction price

RM315,000

RM168 psf

Median transaction price

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Taman Peringgit Jaya, 75400 Peringgit, Melaka, Malaysia

Maps

Taman Peringgit Jaya in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM320K and a median price per square foot (PSF) of RM130.

This area contains both residential and commercial properties. View 8 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM320K, with most transactions falling within a stable range of RM220K to RM420K, and a typical market range of RM263K to RM378K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM130, though individual units vary from RM89 to RM170 in the core range. The broader market spans RM110.30 to RM148.80, indicating diverse property characteristics. A wider spread (IQR: RM38.50) and deviation (MAD: RM41) 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.