TAMAN INDUSTRI MALIM JAYA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 207.
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 330K, with most transactions falling within a stable range of RM 280K to RM 380K, and a typical market range of RM 290K to RM 370K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 207, with core pricing between RM 177 and RM 237. Market pricing typically extends from RM 180.25 to RM 233.75, reflecting moderate variation in unit pricing. With an IQR of RM 53.50 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.