PERINDUSTRIAN MALIM JAYA

PERINDUSTRIAN MALIM JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 166.

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 550K, with most transactions falling within a stable range of RM 510K to RM 631K, and a typical market range of RM 510K to RM 638K.

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

For price per square foot, the median is RM 166, with most transactions between RM 158 and RM 174. The usual range is RM 141.50 to RM 190.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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.