Melaka
Melaka Tengah
Bachang
TAMAN MALIM JAYA

TAMAN MALIM JAYA

Area Intelligence

2023

Median Price

RM 405,000

PSF: RM 109

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 182

Commercial PSF Trends

Median Price

RM 405,000

RM 109 PSF

TAMAN MALIM JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 405K and a median price per square foot (PSF) of RM 109.

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 405K, with most transactions falling within a stable range of RM 350K to RM 460K, and a typical market range of RM 350K to RM 460K.

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

Price per square foot shows a median of RM 109, though individual units vary from RM 73 to RM 144 in the core range. The broader market spans RM 21.00 to RM 196.00, indicating diverse property characteristics. A wider spread (IQR: RM 175.00) and deviation (MAD: RM 36) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MALIM JAYA, Melaka Tengah, Melaka

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