PERINDUSTRIAN MALIM JAYA

PERINDUSTRIAN MALIM JAYA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 173.

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 380K, with most transactions falling within a stable range of RM 271K to RM 489K, and a typical market range of RM 293K to RM 467K.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 173, with core pricing between RM 150 and RM 196. Market pricing typically extends from RM 147.75 to RM 198.25, 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.