TMN PERTAM JAYA

TMN PERTAM JAYA in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 580K and a median price per square foot (PSF) of RM 384.

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 580K, with most transactions falling within a stable range of RM 499K to RM 920K, and a typical market range of RM 531K to RM 629K.

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

The median PSF stands at RM 384, with core pricing between RM 342 and RM 426. Market pricing typically extends from RM 332.25 to RM 435.75, reflecting moderate variation in unit pricing. With an IQR of RM 103.50 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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.