|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Imj 3
|
RM 650,000
|
RM 181
|
3,584 sqft
|
|
Semi-D Factory |
| 2022 | |||||
|
Jalan Imj 3
|
RM 525,000
|
RM 146
|
3,595 sqft
|
|
Semi-D Factory |
|
Jalan Imj 3
|
RM 450,000
|
RM 126
|
3,584 sqft
|
|
Semi-D Factory |
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Market Snapshot
CommercialRM 525,000
RM 146 psfMedian transaction price
Malim Jaya, Malacca, Malaysia
MapsPerindustrian Malim Jaya in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 3,575 and 3,624 sqft, with a median price of RM 525K and a median price per square foot (PSF) of RM 146.
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 525K, with most transactions falling within a stable range of RM 450K to RM 607K, and a typical market range of RM 450K to RM 612K.
Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 146, with core pricing between RM 123 and RM 169. Market pricing typically extends from RM 120.78 to RM 171.28, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 23 (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.