TMN PERTAM JAYA

TMN PERTAM JAYA in Melaka Tengah, Melaka recorded 14 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 314.

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 520K, with most transactions falling within a stable range of RM 363K to RM 676K, and a typical market range of RM 470K to RM 569K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 314, though individual units vary from RM 240 to RM 388 in the core range. The broader market spans RM 262.25 to RM 365.75, indicating diverse property characteristics. The spread of RM 103.50 (IQR) and deviation of RM 74 (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.