TAMAN INDUSTRI MALIM JAYA

TAMAN INDUSTRI MALIM JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 392K and a median price per square foot (PSF) of RM 255.

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 392K, with most transactions falling within a stable range of RM 357K to RM 420K, and a typical market range of RM 352K to RM 420K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 255, with most transactions between RM 232 and RM 277. The usual range is RM 227.75 to RM 281.25, showing that most units are priced quite close to each other. With an IQR of RM 53.50 and MAD of RM 23, 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.