Taman Malim Jaya

Malim Jaya, Malacca, Malaysia

Property Transactions

2 subsales found

RM 400,000
Jalan Abadi 26
1,647 sqft RM 243 PSF
RM 360,000
Jalan Zahir 17
1,647 sqft RM 219 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 380,000

RM 231 psf

Median transaction price

RM 460,000

RM 283 psf

Median transaction price

High

Rental Yield Data

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Taman Malim Jaya
© OpenStreetMap · CARTO

Taman Malim Jaya, Malim Jaya, Malacca, Malaysia

Maps

Taman Malim Jaya in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM 380K and a median price per square foot (PSF) of RM 231.

This area contains both residential and commercial properties. View 149 residential properties or 71 commercial properties separately for more focused analysis.

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 360K to RM 400K, and a typical market range of RM 360K to RM 400K.

Most transactions involved flats, with high diversity across multiple property types.

For price per square foot, the median is RM 231, with most transactions between RM 219 and RM 243. The usual range is RM 143.24 to RM 318.24, showing that most units are priced quite close to each other. With an IQR of RM 175.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.