Area Intelligence

TMN PERTAM JAYA

14 properties
2022
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Median Price
RM 519,500
PSF: RM 314

Residential Market

Median Price

RM 519,500

IQR: RM 83
MAD: RM 29
RM 314 PSF 6.3%

PSF Trends (2021-2025)

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.

Area Location

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TMN PERTAM JAYA, Melaka Tengah, Melaka

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Transactions

14 properties grouped by size

700 sqft
1 units Single Storey Terraced
RM 206,000
JALAN PJ 19
721 sqft · RM 286.00 PSF
Oct 2022
1,300 sqft
2 units Double Storey Terraced
RM 326,000
JLN PJ
1,324 sqft · RM 246.00 PSF
Aug 2022
RM 326,000
JLN PJ
1,324 sqft · RM 246.00 PSF
Jun 2022
1,450 sqft
7 units Double Storey Terraced
RM 580,000
JALAN PJ 2
1,442 sqft · RM 402.00 PSF
Dec 2022
RM 580,000
JALAN PJ 24
1,432 sqft · RM 405.00 PSF
Dec 2022
RM 540,000
JALAN PJ 7
1,442 sqft · RM 374.00 PSF
Jul 2022
RM 560,000
JALAN PJ 7
1,442 sqft · RM 388.00 PSF
Jul 2022
RM 450,000
JALAN PJ 24
1,432 sqft · RM 314.00 PSF
Apr 2022
RM 499,000
JALAN PJ 7
1,442 sqft · RM 346.00 PSF
Feb 2022
RM 450,000
JALAN PJ 24
1,432 sqft · RM 314.00 PSF
Jan 2022
1,550 sqft
1 units Double Storey Terraced
RM 605,000
JLN PJ 4
1,561 sqft · RM 388.00 PSF
Mar 2022
2,550 sqft
1 units Double Storey Terraced
RM 675,000
JLN PJ 7
2,530 sqft · RM 267.00 PSF
Feb 2022
3,050 sqft
1 units Double Storey Semi-D
RM 860,000
JLN PJ 30
3,046 sqft · RM 282.00 PSF
Jul 2022
3,200 sqft
1 units Double Storey Terraced
RM 442,000
JLN PJ
3,208 sqft · RM 138.00 PSF
Mar 2022