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 grouped by size

1,200 sqft
2 units
RM 160,000
Single Storey Shop JALAN PJ 19A
1,184 sqft · RM 135.00 PSF
Jul 2023
RM 477,000
Double Storey Terraced JLN PJ 17
1,195 sqft · RM 399.00 PSF
Jan 2023
1,300 sqft
4 units Double Storey Terraced
RM 341,000
JALAN PJ 12
1,324 sqft · RM 258.00 PSF
Jun 2023
RM 350,000
JALAN PJ 14
1,324 sqft · RM 264.00 PSF
Apr 2023
RM 341,000
JLN PJ
1,324 sqft · RM 258.00 PSF
Feb 2023
RM 500,000
JLN PJ 15
1,324 sqft · RM 378.00 PSF
Feb 2023
2,850 sqft
1 units Double Storey Terraced
RM 780,000
JALAN PJ 15
2,831 sqft · RM 276.00 PSF
Sep 2023