Melaka
Melaka Tengah
Bachang
PERINDUSTRIAN MALIM JAYA

PERINDUSTRIAN MALIM JAYA

Area Intelligence

2021

Median Price

RM 380,000

PSF: RM 198

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Commercial PSF Trends

Median Price

RM 380,000

RM 198 PSF

PERINDUSTRIAN MALIM JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 198.

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 315K to RM 396K, and a typical market range of RM 293K to RM 396K.

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

The median PSF stands at RM 198, with core pricing between RM 164 and RM 232. Market pricing typically extends from RM 172.75 to RM 223.25, reflecting moderate variation in unit pricing. 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.

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PERINDUSTRIAN MALIM JAYA, Melaka Tengah, Melaka

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,900 sqft

Terraced Factory

1,900 sqft

Terraced Factory

RM 270,000

JALAN IMJ 6

1,916 sqft · RM 141 PSF

Oct 2021

RM 380,000

JALAN IMJ 6

1,916 sqft · RM 198 PSF

Oct 2021

RM 396,000

JALAN IMJ 5

1,916 sqft · RM 207 PSF

Sep 2021

RM 380,000

JALAN IMJ 5

1,916 sqft · RM 198 PSF

Aug 2021

RM 240,000

JALAN IMJ 6

1,916 sqft · RM 125 PSF

May 2021

JALAN IMJ 6	RM 270,000	RM 141	1,916 sqft	Oct 2021
JALAN IMJ 6	RM 380,000	RM 198	1,916 sqft	Oct 2021
JALAN IMJ 5	RM 396,000	RM 207	1,916 sqft	Sep 2021
JALAN IMJ 5	RM 380,000	RM 198	1,916 sqft	Aug 2021
JALAN IMJ 6	RM 240,000	RM 125	1,916 sqft	May 2021