Melaka
Melaka Tengah
Bachang
TAMAN MALIM JAYA

TAMAN MALIM JAYA

Area Intelligence

2021

Median Price

RM 115,000

PSF: RM 129

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Residential PSF Trends

Median Price

RM 80,000

PSF: RM 110

Commercial PSF Trends

Median Price

RM 425,000

RM 165 PSF

TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 33 subsale transactions in 2021, with a median price of RM 115K and a median price per square foot (PSF) of RM 129.

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 115K, with most transactions falling within a stable range of RM 1.38 million to RM 234K, and a typical market range of RM 1.38 million to RM 283K.

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

Price per square foot shows a median of RM 129, though individual units vary from RM 0 to RM 436 in the core range. The broader market spans RM 41.50 to RM 216.50, indicating diverse property characteristics. A wider spread (IQR: RM 175.00) and deviation (MAD: RM 307) 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.

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TAMAN MALIM JAYA, Melaka Tengah, Melaka

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