TAMAN MALIM PERMAI

Area Intelligence
2023
Median Price
RM 225,000
PSF: RM 291

Residential PSF Trends

Median Price

RM 225,000

PSF: RM 291

Commercial PSF Trends

Median Price

RM 100,000

RM 82 PSF

TAMAN MALIM PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 291.

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 225K, with most transactions falling within a stable range of RM 188K to RM 262K, and a typical market range of RM 191K to RM 259K.

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 291, though individual units vary from RM 228 to RM 354 in the core range. The broader market spans RM 198.50 to RM 382.50, indicating diverse property characteristics. The spread of RM 184.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN MALIM PERMAI, Melaka Tengah, Melaka

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