PERINDUSTRIAN MALIM JAYA in Melaka Tengah, Melaka recorded 14 subsale transactions in 2023, with a median price of RM 419K and a median price per square foot (PSF) of RM 162.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 419K, with most transactions falling within a stable range of RM 310K to RM 528K, and a typical market range of RM 332K to RM 506K.
Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 162, with core pricing between RM 139 and RM 185. Market pricing typically extends from RM 136.75 to RM 187.25, reflecting moderate variation in unit pricing. With an IQR of RM 50.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
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.
