TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 65 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 184.
This area contains both residential and commercial properties. View 147 residential properties or 70 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 148K to RM 493K, and a typical market range of RM 153K to RM 488K.
Most transactions involved flats, with high diversity across multiple property types.
Price per square foot shows a median of RM 184, though individual units vary from RM 105 to RM 263 in the core range. The broader market spans RM 96.50 to RM 271.50, indicating diverse property characteristics. A wider spread (IQR: RM 175.00) and deviation (MAD: RM 79) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
