Area Intelligence

TMN MALIM JAYA

8 properties
3-Storey Storey Shop
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Median Price
RM 1,119,000
PSF: RM 663

Residential Market

Median Price

RM 230,000

IQR: RM 155
MAD: RM 72
RM 182 PSF 31.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,119,000

IQR: RM 248
MAD: RM 131
RM 663 PSF 17.9%

PSF Trends (2021-2025)

TMN MALIM JAYA in Melaka Tengah, Melaka recorded 8 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.12 million and a median price per square foot (PSF) of RM 663.

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 1.12 million, with most transactions falling within a stable range of RM 795K to RM 1.51 million, and a typical market range of RM 952K to RM 1.29 million.

Within the 3-Storey Storey Shop category, flats dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 663, though individual units vary from RM 453 to RM 872 in the core range. The broader market spans RM 576.00 to RM 749.00, indicating diverse property characteristics. A wider spread (IQR: RM 173.00) and deviation (MAD: RM 209) 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.

Area Location

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TMN MALIM JAYA, Melaka Tengah, Melaka

OSM

Transactions

8 properties grouped by size

1,500 sqft
2 units 3-Storey Storey Shop
RM 1,580,000
JLN MALIM
1,507 sqft · RM 1,048.00 PSF
Dec 2022
RM 1,450,000
JLN RAHMAT 2
1,507 sqft · RM 962.00 PSF
Jan 2022
1,550 sqft
4 units 3-Storey Storey Shop
RM 830,000
JALAN RAHMAT 4
1,539 sqft · RM 539.00 PSF
Oct 2022
RM 858,000
JALAN RAHMAT 4
1,539 sqft · RM 557.00 PSF
Oct 2022
RM 810,000
JALAN RAHMAT 4
1,539 sqft · RM 526.00 PSF
Sep 2022
RM 795,000
JALAN RAHMAT 4
1,539 sqft · RM 516.00 PSF
Jul 2021
1,800 sqft
1 units 3-Storey Storey Shop
RM 1,380,000
JALAN RAHMAT 3A
1,798 sqft · RM 768.00 PSF
Nov 2021
1,950 sqft
1 units 3-Storey Storey Shop
RM 1,834,000
JALAN RAHMAT 1
1,970 sqft · RM 931.00 PSF
May 2024