Area Intelligence

TMN SEMABOK JAYA

4 properties
2021
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Median Price
RM 280,000
PSF: RM 180

Residential Market

Median Price

RM 280,000

IQR: RM 109
MAD: RM 56
RM 180 PSF 14.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SEMABOK JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 280K and a median price per square foot (PSF) of RM 180.

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 280K, with most transactions falling within a stable range of RM 245K to RM 324K, and a typical market range of RM 245K to RM 360K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 180, though individual units vary from RM 125 to RM 234 in the core range. The broader market spans RM 124.88 to RM 234.13, indicating diverse property characteristics. A wider spread (IQR: RM 109.25) and deviation (MAD: RM 54) 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 SEMABOK JAYA, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,450 sqft
1 units Double Storey Terraced
RM 360,000
JLN SEMABOK JAYA 21
1,432 sqft · RM 251.00 PSF
Sep 2021
1,550 sqft
2 units
RM 260,000
Single Storey Terraced JALAN SEMABOK JAYA 1
1,561 sqft · RM 167.00 PSF
Aug 2021
RM 300,000
Double Storey Terraced JALAN SJ 3
1,561 sqft · RM 192.00 PSF
May 2021
2,450 sqft
1 units Single Storey Terraced
RM 245,000
LORONG 2
2,443 sqft · RM 100.00 PSF
Oct 2021