Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 65,000
|
RM 53
|
1,216 sqft
|
|
|
|
Level 4
|
RM 52,000
|
RM 43
|
1,216 sqft
|
|
|
|
Level 2
|
RM 100,000
|
RM 82
|
1,216 sqft
|
|
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Market Snapshot
ResidentialRM 274,000
RM 314 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 3 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM 65K and a median price per square foot (PSF) of RM 53.
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 65K, with most transactions falling within a stable range of RM 52K to RM 85K, and a typical market range of RM 52K to RM 99K.
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 53, though individual units vary from RM 37 to RM 70 in the core range. The broader market spans RM 0.00 to RM 145.44, indicating diverse property characteristics. A wider spread (IQR: RM 184.00) and deviation (MAD: RM 17) 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.