Melaka
Melaka Tengah
Bachang
TAMAN MALIM JAYA

TAMAN MALIM JAYA

Area Intelligence

2021

Median Price

RM 741,500

PSF: RM 219

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Residential PSF Trends

Median Price

RM 688,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 795,000

RM 192 PSF

TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 500K and RM 1.00 million, with a median price of RM 742K and a median price per square foot (PSF) of RM 219.

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 742K, with most transactions falling within a stable range of RM 688K to RM 795K, and a typical market range of RM 688K to RM 795K.

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

The median PSF stands at RM 219, with core pricing between RM 192 and RM 246. Market pricing typically extends from RM 131.59 to RM 306.59, reflecting moderate variation in unit pricing. With an IQR of RM 175.00 and MAD of RM 27, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MALIM JAYA, Melaka Tengah, Melaka

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