Melaka
Melaka Tengah
Bachang
PERINDUSTRIAN MALIM JAYA

PERINDUSTRIAN MALIM JAYA

Area Intelligence

2021

Median Price

RM 380,000

PSF: RM 173

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 380,000

RM 173 PSF

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 380K to RM 388K, and a typical market range of RM 380K to RM 396K.

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

For price per square foot, the median is RM 173, with most transactions between RM 169 and RM 177. The usual range is RM 147.75 to RM 198.25, showing that most units are priced quite close to each other. With an IQR of RM 50.50 and MAD of RM 4, 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.

Loading map...

PERINDUSTRIAN MALIM JAYA, Melaka Tengah, Melaka

OSM