Area Intelligence

TMN BKT PENGKALAN(PENGKALAN JAYA)

18 properties
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Median Price
RM 391,500
PSF: RM 197

Residential Market

Median Price

RM 385,000

IQR: RM 57
MAD: RM 27
RM 198 PSF 12.3%

PSF Trends (2021-2025)

TMN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 392K and a median price per square foot (PSF) of RM 197.

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 392K, with most transactions falling within a stable range of RM 298K to RM 486K, and a typical market range of RM 306K to RM 477K.

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

The median PSF stands at RM 197, with core pricing between RM 166 and RM 227. Market pricing typically extends from RM 168.63 to RM 224.38, reflecting moderate variation in unit pricing. The spread of RM 55.75 (IQR) and deviation of RM 31 (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.

Area Location

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TMN BKT PENGKALAN(PENGKALAN JAYA), Melaka Tengah, Melaka

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Transactions

18 properties grouped by size

1,550 sqft
7 units
RM 285,000
Single Storey Terraced JLN PJ 6
1,539 sqft · RM 185.00 PSF
Sep 2024
RM 290,000
Single Storey Terraced JLN PJ 7
1,539 sqft · RM 188.00 PSF
Nov 2023
RM 555,000
Single Storey Terraced JLN PJ 13
1,539 sqft · RM 361.00 PSF
Jan 2023
RM 290,000
Single Storey Terraced JALAN PJ 3
1,539 sqft · RM 188.00 PSF
Dec 2022
RM 300,000
Single Storey Terraced JLN PJ 13
1,539 sqft · RM 195.00 PSF
Sep 2022
RM 400,000
Double Storey Terraced JLN PJ 15
1,539 sqft · RM 260.00 PSF
Jul 2022
RM 468,000
Double Storey Terraced JLN PJ 17
1,539 sqft · RM 304.00 PSF
Nov 2021
1,700 sqft
2 units Single Storey Terraced
RM 345,000
JLN PJ 8
1,679 sqft · RM 205.00 PSF
Jan 2024
RM 385,000
JLN PJ 8
1,679 sqft · RM 229.00 PSF
Aug 2023
1,750 sqft
3 units Double Storey Terraced
RM 398,000
JALAN PJ 8
1,765 sqft · RM 225.00 PSF
Mar 2024
RM 490,000
JLN PJ 9
1,765 sqft · RM 278.00 PSF
May 2023
RM 350,000
JLN PJ 8
1,765 sqft · RM 198.00 PSF
Feb 2022
1,900 sqft
1 units Detached
RM 140,000
OFF JALAN TUN KUDU
1,905 sqft · RM 73.00 PSF
Jan 2023
3,050 sqft
1 units Double Storey Terraced
RM 600,000
JLN PJ 8
3,035 sqft · RM 198.00 PSF
Jul 2022
3,200 sqft
3 units Single Storey Semi-D
RM 380,000
JLN PJ 12
3,197 sqft · RM 119.00 PSF
Feb 2024
RM 430,000
JLN PJ 11
3,197 sqft · RM 135.00 PSF
Jun 2023
RM 488,000
JLN PJ 12
3,197 sqft · RM 153.00 PSF
Nov 2022
3,550 sqft
1 units Double Storey Semi-D
RM 600,000
JALAN PJ 17
3,574 sqft · RM 168.00 PSF
Nov 2022