Area Intelligence

TMN PERTAM JAYA

7 properties
2023
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Median Price
RM 350,000
PSF: RM 264

Residential Market

Median Price

RM 413,500

IQR: RM 21
RM 270 PSF 4.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 160,000

IQR: RM 79
MAD: RM 79
RM 135 PSF 53.8%

PSF Trends (2021-2025)

TMN PERTAM JAYA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 264.

This area contains both residential and commercial properties. View 31 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 171K to RM 529K, and a typical market range of RM 333K to RM 367K.

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 264, though individual units vary from RM 183 to RM 345 in the core range. The broader market spans RM 252.00 to RM 276.00, indicating diverse property characteristics. A wider spread (IQR: RM 24.00) and deviation (MAD: RM 81) 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 PERTAM JAYA, Melaka Tengah, Melaka

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Transactions

7 properties found

Double Storey Terraced JALAN PJ 15
RM 780,000
2,831 sqft Sep 2023
RM 276.00 PSF
Single Storey Shop JALAN PJ 19A
RM 160,000
1,184 sqft Jul 2023
RM 135.00 PSF
Double Storey Terraced JALAN PJ 12
RM 341,000
1,324 sqft Jun 2023
RM 258.00 PSF
Double Storey Terraced JALAN PJ 14
RM 350,000
1,324 sqft Apr 2023
RM 264.00 PSF
Double Storey Terraced JLN PJ
RM 341,000
1,324 sqft Feb 2023
RM 258.00 PSF
Double Storey Terraced JLN PJ 15
RM 500,000
1,324 sqft Feb 2023
RM 378.00 PSF
Double Storey Terraced JLN PJ 17
RM 477,000
1,195 sqft Jan 2023
RM 399.00 PSF