Area Intelligence

TMN BKT PENGKALAN(PENGKALAN JAYA)

7 properties
2022
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Median Price
RM 400,000
PSF: RM 195

Residential Market

Median Price

RM 400,000

IQR: RM 57
MAD: RM 27
RM 195 PSF 12.3%

PSF Trends (2021-2025)

TMN BKT PENGKALAN(PENGKALAN JAYA) in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 195.

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 400K, with most transactions falling within a stable range of RM 290K to RM 522K, and a typical market range of RM 314K to RM 486K.

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

The median PSF stands at RM 195, with core pricing between RM 164 and RM 226. Market pricing typically extends from RM 167.13 to RM 222.88, 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

7 properties grouped by size

1,550 sqft
3 units
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
1,750 sqft
1 units Double Storey Terraced
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
3,200 sqft
1 units Single Storey Semi-D
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