TAMAN MALIM JAYA

Area Intelligence
2023
Median Price
RM 420,000
PSF: RM 292

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 570,000

RM 370 PSF

TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 25 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 292.

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 420K, with most transactions falling within a stable range of RM 285K to RM 555K, and a typical market range of RM 253K to RM 588K.

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

Price per square foot shows a median of RM 292, though individual units vary from RM 201 to RM 383 in the core range. The broader market spans RM 204.50 to RM 379.50, indicating diverse property characteristics. A wider spread (IQR: RM 175.00) and deviation (MAD: RM 91) 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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Transactions

25 transactions grouped by size

1,200 sqft
Double Storey Terraced
RM 380,000
JALAN ABADI 17
1,206 sqft · RM 315 PSF
1,400 sqft
RM 420,000
Level 1
1,389 sqft · RM 302 PSF
RM 120,000
Level 3
1,399 sqft · RM 86 PSF
1,450 sqft
Double Storey Terraced
RM 520,000
JALAN ABADI 19
1,432 sqft · RM 363 PSF
1,500 sqft
Terraced Factory
RM 450,000
JALAN BERKAT 3
1,507 sqft · RM 299 PSF
1,550 sqft
RM 550,000
JALAN SURIA 2
1,539 sqft · RM 357 PSF
RM 320,000
JALAN ZAHIR 8
1,539 sqft · RM 208 PSF
RM 490,000
JALAN MURNI 9
1,540 sqft · RM 318 PSF
RM 395,000
JALAN MURNI 9
1,539 sqft · RM 257 PSF
RM 600,000
JALAN RAHMAT 1
1,539 sqft · RM 390 PSF
RM 620,000
JALAN RAHMAT 1
1,561 sqft · RM 397 PSF
1,600 sqft
Double Storey Terraced
RM 350,000
JALAN MURNI 9
1,615 sqft · RM 217 PSF
1,700 sqft
Low-Cost House
RM 300,000
JALAN ABADI 26
1,701 sqft · RM 176 PSF
RM 380,000
JALAN ABADI 16
1,711 sqft · RM 222 PSF
1,900 sqft
Terraced Factory
RM 350,000
JALAN INDUSTRI MALIM JAYA 5
1,916 sqft · RM 183 PSF

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There are currently no properties listed for sale in this area.

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