Melaka
Melaka Tengah
Bachang
TAMAN MALIM JAYA

TAMAN MALIM JAYA

Area Intelligence

2022

Median Price

RM 830,000

PSF: RM 192

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 182

Commercial PSF Trends

Median Price

RM 830,000

RM 192 PSF

TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, priced between RM 750K and RM 1.00 million, with a median price of RM 830K and a median price per square foot (PSF) of RM 192.

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 830K, with most transactions falling within a stable range of RM 810K to RM 850K, and a typical market range of RM 810K to RM 858K.

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

For price per square foot, the median is RM 192, with most transactions between RM 188 and RM 196. The usual range is RM 104.57 to RM 279.57, showing that most units are priced quite close to each other. With an IQR of RM 175.00 and MAD of RM 4, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MALIM JAYA, Melaka Tengah, Melaka

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