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 251K to RM 509K, and a typical market range of RM 293K to RM 468K.

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 141 and RM 205. Market pricing typically extends from RM 148.50 to RM 197.50, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 32 (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.