Area Intelligence

TMN BKT PENGKALAN(PENGKALAN JAYA)

6 properties
Double Storey Terraced
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Median Price
RM 434,000
PSF: RM 243

Residential Market

Median Price

RM 434,000

IQR: RM 57
MAD: RM 27
RM 243 PSF 12.3%

PSF Trends (2021-2025)

TMN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 434K and a median price per square foot (PSF) of RM 243.

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 434K, with most transactions falling within a stable range of RM 353K to RM 515K, and a typical market range of RM 350K to RM 520K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 243, with core pricing between RM 202 and RM 283. Market pricing typically extends from RM 214.63 to RM 270.38, reflecting moderate variation in unit pricing. The spread of RM 55.75 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

6 properties grouped by size

1,550 sqft
2 units Double Storey Terraced
RM 400,000
JLN PJ 15
1,539 sqft · RM 260.00 PSF
Jul 2022
RM 468,000
JLN PJ 17
1,539 sqft · RM 304.00 PSF
Nov 2021
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
3,050 sqft
1 units Double Storey Terraced
RM 600,000
JLN PJ 8
3,035 sqft · RM 198.00 PSF
Jul 2022