Selling in Plza Jaya Muda (Orchard Point)? Homes here sold for a median of RM100,000.
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Plza Jaya Muda (Orchard Point)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Jaya, 1, Jalan KLJ 2, Taman Kota Laksamana, 75200 Melaka, Malaysia
MapsPlza Jaya Muda (Orchard Point) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM100K and a median price per square foot (PSF) of RM157.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM100K, with most transactions falling within a stable range of RM80K to RM120K, and a typical market range of RM90K to RM110K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM157, though individual units vary from RM61 to RM253 in the core range. The broader market spans RM129.90 to RM184.90, indicating diverse property characteristics. A wider spread (IQR: RM55.00) and deviation (MAD: RM96) indicate significant PSF variations, likely due to diverse property types or conditions.
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.