Area Intelligence

TMN PERINGGIT JAYA

8 properties
2022
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Median Price
RM 320,000
PSF: RM 163

Residential Market

Median Price

RM 270,000

IQR: RM 25
MAD: RM 12
RM 141 PSF 5.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 420,000

IQR: RM 40
MAD: RM 18
RM 220 PSF 12.6%

PSF Trends (2021-2025)

TMN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 163.

This area contains both residential and commercial properties. View 8 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 222K to RM 418K, and a typical market range of RM 263K to RM 378K.

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

Price per square foot shows a median of RM 163, though individual units vary from RM 123 to RM 203 in the core range. The broader market spans RM 143.75 to RM 182.25, indicating diverse property characteristics. The spread of RM 38.50 (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 PERINGGIT JAYA, Melaka Tengah, Melaka

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Transactions

8 properties found

Single Storey Terraced JLN MAWAR 6
RM 270,000
1,948 sqft Dec 2022
RM 139.00 PSF
Double Storey Shop JLN TMN PERINGGIT JAYA
RM 370,000
1,679 sqft Dec 2022
RM 220.00 PSF
Low-Cost House JLN MELATI 5
RM 240,000
1,313 sqft Jul 2022
RM 183.00 PSF
Double Storey Shop JLN PERINGGIT
RM 420,000
1,690 sqft Jun 2022
RM 249.00 PSF
Single Storey Terraced JALAN MELATI 2
RM 270,000
1,550 sqft May 2022
RM 174.00 PSF
Double Storey Shop JALAN TAMAN PERINGGIT JAYA
RM 500,000
3,294 sqft Apr 2022
RM 152.00 PSF
Single Storey Semi-D LORONG MAYANG 1
RM 380,000
2,917 sqft Feb 2022
RM 130.00 PSF
Low-Cost House TAMAN PERINGGIT JAYA
RM 185,000
1,313 sqft Jan 2022
RM 141.00 PSF