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 grouped by size

1,300 sqft
2 units Low-Cost House
RM 240,000
JLN MELATI 5
1,313 sqft · RM 183.00 PSF
Jul 2022
RM 185,000
TAMAN PERINGGIT JAYA
1,313 sqft · RM 141.00 PSF
Jan 2022
1,550 sqft
1 units Single Storey Terraced
RM 270,000
JALAN MELATI 2
1,550 sqft · RM 174.00 PSF
May 2022
1,700 sqft
2 units Double Storey Shop
RM 370,000
JLN TMN PERINGGIT JAYA
1,679 sqft · RM 220.00 PSF
Dec 2022
RM 420,000
JLN PERINGGIT
1,690 sqft · RM 249.00 PSF
Jun 2022
1,950 sqft
1 units Single Storey Terraced
RM 270,000
JLN MAWAR 6
1,948 sqft · RM 139.00 PSF
Dec 2022
2,900 sqft
1 units Single Storey Semi-D
RM 380,000
LORONG MAYANG 1
2,917 sqft · RM 130.00 PSF
Feb 2022
3,300 sqft
1 units Double Storey Shop
RM 500,000
JALAN TAMAN PERINGGIT JAYA
3,294 sqft · RM 152.00 PSF
Apr 2022