TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 23 subsale transactions in 2022, with a median price of RM 78K and a median price per square foot (PSF) of RM 121.
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 78K, with most transactions falling within a stable range of RM -94,500 to RM 251K, and a typical market range of RM -89,500 to RM 246K.
Most transactions involved flats, with high diversity across multiple property types.
Price per square foot shows a median of RM 121, though individual units vary from RM 42 to RM 200 in the core range. The broader market spans RM 33.50 to RM 208.50, indicating diverse property characteristics. A wider spread (IQR: RM 175.00) and deviation (MAD: RM 79) 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.
