Area Intelligence

TMN BKT PENGKALAN(PENGKALAN JAYA)

4 properties
2024
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Median Price
RM 362,500
PSF: RM 195

Residential Market

Median Price

RM 362,500

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 4 subsale transactions in 2024, with a median price of RM 363K 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 363K, with most transactions falling within a stable range of RM 319K to RM 398K, and a typical market range of RM 285K to RM 398K.

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

Price per square foot shows a median of RM 195, though individual units vary from RM 155 to RM 235 in the core range. The broader market spans RM 167.13 to RM 222.88, indicating diverse property characteristics. The spread of RM 55.75 (IQR) and deviation of RM 40 (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

4 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 285,000
JLN PJ 6
1,539 sqft · RM 185.00 PSF
Sep 2024
1,700 sqft
1 units Single Storey Terraced
RM 345,000
JLN PJ 8
1,679 sqft · RM 205.00 PSF
Jan 2024
1,750 sqft
1 units Double Storey Terraced
RM 398,000
JALAN PJ 8
1,765 sqft · RM 225.00 PSF
Mar 2024
3,200 sqft
1 units Single Storey Semi-D
RM 380,000
JLN PJ 12
3,197 sqft · RM 119.00 PSF
Feb 2024