Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong 1
|
RM 280,000
|
RM 313
|
893 sqft
|
|
2-Sty Terrace |
|
Jalan Malim Jaya 2/1
|
RM 280,000
|
RM 313
|
893 sqft
|
|
2-Sty Terrace |
|
Lorong. 1
|
RM 268,000
|
RM 300
|
893 sqft
|
|
2-Sty Terrace |
|
Level 3
|
RM 65,000
|
RM 53
|
1,216 sqft
|
|
Shop |
|
Level 4
|
RM 52,000
|
RM 43
|
1,216 sqft
|
|
Shop |
|
Level 2
|
RM 100,000
|
RM 82
|
1,216 sqft
|
|
Shop |
|
Jalan Malim Jaya 2/7
|
RM 600,000
|
RM 144
|
4,176 sqft
|
|
2-Sty Shop |
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Market Snapshot
ResidentialRM 280,000
RM 313 psfMedian transaction price
No. 1, 1-1 & 3, Jalan Malim Jaya 2/7A, Taman Malim Permai, 75250 Melaka, Malaysia
Maps1-1 & 3 in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 268K and a median price per square foot (PSF) of RM 144.
This area contains both residential and commercial properties. View 16 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 268K, with most transactions falling within a stable range of RM 91K to RM 445K, and a typical market range of RM 234K to RM 302K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 144, though individual units vary from RM 27 to RM 261 in the core range. The broader market spans RM 51.66 to RM 235.66, indicating diverse property characteristics. A wider spread (IQR: RM 184.00) and deviation (MAD: RM 117) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.