Area Intelligence

TMN PERINGGIT JAYA

5 properties
2023
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Median Price
RM 320,000
PSF: RM 147

Residential Market

Median Price

RM 320,000

IQR: RM 25
MAD: RM 12
RM 109 PSF 5.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 315,000

IQR: RM 40
MAD: RM 18
RM 187 PSF 12.6%

PSF Trends (2021-2025)

TMN PERINGGIT JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 147.

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 220K to RM 420K, 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 147, though individual units vary from RM 104 to RM 190 in the core range. The broader market spans RM 127.75 to RM 166.25, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

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

5 properties grouped by size

1,300 sqft
1 units Low-Cost House
RM 195,000
TMN PERINGGIT JAYA
1,324 sqft · RM 147.00 PSF
Feb 2023
1,700 sqft
2 units
RM 350,000
Double Storey Shop MELOR 1
1,679 sqft · RM 208.00 PSF
Oct 2023
RM 280,000
Single Storey Shop LORONG MAYANG 1
1,690 sqft · RM 166.00 PSF
Jan 2023
2,950 sqft
1 units Single Storey Semi-D
RM 320,000
LRG MAYANG 1
2,928 sqft · RM 109.00 PSF
Apr 2023
5,750 sqft
1 units Single Storey Semi-D
RM 500,000
TMN PERINGGIT JAYA
5,748 sqft · RM 87.00 PSF
Feb 2023