TAMAN MALINJA

Area Intelligence
4 subsale transactions
2022
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Median Price
RM 344,000
PSF: RM 281

Residential PSF Trends

Median Price

RM 159,000

PSF: RM 210

Commercial PSF Trends

Median Price

RM 675,000

RM 421 PSF

TAMAN MALINJA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 344K and a median price per square foot (PSF) of RM 281.

This area contains both residential and commercial properties. View 13 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 344K, with most transactions falling within a stable range of RM 150K to RM 624K, and a typical market range of RM 328K to RM 361K.

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

Price per square foot shows a median of RM 281, though individual units vary from RM 163 to RM 399 in the core range. The broader market spans RM 262.75 to RM 299.25, indicating diverse property characteristics. A wider spread (IQR: RM 36.50) and deviation (MAD: RM 118) 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.

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TAMAN MALINJA, Melaka Tengah, Melaka

OSM

Transactions

4 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
750 sqft
Condo/Apartment
RM 150,000
Level 1
732 sqft · RM 205.00 PSF
Aug 2022
800 sqft
Flat
RM 168,000
Level 1
786 sqft · RM 214.00 PSF
Aug 2022
1,500 sqft
Double Storey Shop
RM 520,000
JALAN MALINJA 2
1,496 sqft · RM 348.00 PSF
Sep 2022
1,700 sqft
Double Storey Shop
RM 830,000
JALAN MALINJA 2
1,679 sqft · RM 494.00 PSF
Sep 2022