TAMAN MALIM JAYA

Area Intelligence
2021
Median Price
RM 75,000
PSF: RM 116

Residential PSF Trends

Median Price

RM 70,000

PSF: RM 110

Commercial PSF Trends

Median Price

RM 122,000

RM 172 PSF

TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 15 subsale transactions in 2021, with a median price of RM 75K and a median price per square foot (PSF) of RM 116.

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 75K, with most transactions falling within a stable range of RM 45K to RM 123K, and a typical market range of RM 45K to RM 243K.

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

Price per square foot shows a median of RM 116, though individual units vary from RM 42 to RM 190 in the core range. The broader market spans RM 28.50 to RM 203.50, indicating diverse property characteristics. A wider spread (IQR: RM 175.00) and deviation (MAD: RM 74) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MALIM JAYA, Melaka Tengah, Melaka

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Transactions

15 transactions grouped by size

600 sqft
Flat
RM 65,000
Level 3
592 sqft · RM 110 PSF
RM 45,000
Level 1
581 sqft · RM 77 PSF
650 sqft
RM 245,000
JALAN ABADI 18
635 sqft · RM 386 PSF
RM 70,000
Level 3
657 sqft · RM 107 PSF
RM 75,000
Level 2
646 sqft · RM 116 PSF
RM 85,000
Level 2
657 sqft · RM 129 PSF
RM 115,000
Level 2
657 sqft · RM 175 PSF
RM 70,000
Level 4
657 sqft · RM 107 PSF
700 sqft
RM 119,000
Level 3
689 sqft · RM 173 PSF
RM 59,000
Level 3
689 sqft · RM 86 PSF
750 sqft
Shop/Retail Lot
RM 125,000
Level 2
732 sqft · RM 171 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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