Area Intelligence

TMN MALIM JAYA

51 properties
2024
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Median Price
RM 360,000
PSF: RM 243

Residential Market

Median Price

RM 262,500

IQR: RM 155
MAD: RM 72
RM 248 PSF 31.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 438,000

IQR: RM 248
MAD: RM 131
RM 208 PSF 17.9%

PSF Trends (2021-2025)

TMN MALIM JAYA in Melaka Tengah, Melaka recorded 51 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 243.

This area contains both residential and commercial properties. View 146 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 360K, with most transactions falling within a stable range of RM 69K to RM 782K, and a typical market range of RM 193K to RM 528K.

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

Price per square foot shows a median of RM 243, though individual units vary from RM 100 to RM 386 in the core range. The broader market spans RM 156.50 to RM 329.50, indicating diverse property characteristics. A wider spread (IQR: RM 173.00) and deviation (MAD: RM 143) 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.

Area Location

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TMN MALIM JAYA, Melaka Tengah, Melaka

OSM

Transactions

51 properties found

Double Storey Terraced JLN ABADI 11
RM 250,000
635 sqft Jan 2024
RM 394.00 PSF