Area Intelligence

JALAN TENGKERA

3 properties
2024
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Median Price
RM 450,000
PSF: RM 154

Residential Market

Median Price

RM 450,000

IQR: RM 18
MAD: RM 6
RM 154 PSF 24.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JALAN TENGKERA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 154.

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 450K, with most transactions falling within a stable range of RM 412K to RM 488K, and a typical market range of RM 414K to RM 486K.

Most transactions involved detached, with moderate diversity in property types available.

The median PSF stands at RM 154, with core pricing between RM 126 and RM 182. Market pricing typically extends from RM 138.88 to RM 169.13, reflecting moderate variation in unit pricing. The spread of RM 30.25 (IQR) and deviation of RM 28 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JALAN TENGKERA, Melaka Tengah, Melaka

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Transactions

3 properties found

Single Storey Semi-D JLN BARU TENGKERA
RM 408,000
2,444 sqft Oct 2024
RM 167.00 PSF
Single Storey Semi-D JLN TENGKERA
RM 450,000
2,922 sqft Oct 2024
RM 154.00 PSF
Detached JALAN TENGKERA PANTAI 2
RM 500,000
4,879 sqft Mar 2024
RM 102.00 PSF