Melaka
Melaka Tengah
Bachang
TAMAN MALIM JAYA

TAMAN MALIM JAYA

Area Intelligence

2023

Median Price

RM 320,000

PSF: RM 184

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Residential PSF Trends

Median Price

RM 235,000

PSF: RM 213

Commercial PSF Trends

Median Price

RM 450,000

RM 165 PSF

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.

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

For price per square foot, the median is RM 184, with most transactions between RM 184 and RM 184. The usual range is RM 96.50 to RM 271.50, showing that most units are priced quite close to each other. With an IQR of RM 175.00 and MAD of RM 0, 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. 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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