TMN SEMABOK JAYA

TMN SEMABOK JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 272.

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 400K, with most transactions falling within a stable range of RM 270K to RM 569K, and a typical market range of RM 318K to RM 483K.

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

The median PSF stands at RM 272, with core pricing between RM 220 and RM 324. Market pricing typically extends from RM 217.38 to RM 326.63, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 52 (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.