PERINDUSTRIAN MALIM JAYA

PERINDUSTRIAN MALIM JAYA in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 375K and a median price per square foot (PSF) of RM 152.

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 375K, with most transactions falling within a stable range of RM 334K to RM 416K, and a typical market range of RM 330K to RM 462K.

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

Price per square foot shows a median of RM 152, though individual units vary from RM 118 to RM 186 in the core range. The broader market spans RM 126.58 to RM 177.08, indicating diverse property characteristics. The spread of RM 50.50 (IQR) and deviation of RM 34 (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.