| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Iks Mj 5
|
RM 1,200,000
|
RM 136
|
8,805 sqft
|
|
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Jalan Iks Malim Jaya 4, Taman Malim Jaya, Melaka, Malaysia
MapsIndustri Malim Tambahan(Iks Malim Jaya) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 136.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 136, with most transactions between RM 136 and RM 136. The usual range is RM 112.29 to RM 160.29, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.