TAMAN MALINJA

Area Intelligence
4 subsale transactions
2023
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Median Price
RM 166,500
PSF: RM 201

Residential PSF Trends

Median Price

RM 155,000

PSF: RM 187

Commercial PSF Trends

Median Price

RM 455,000

RM 304 PSF

TAMAN MALINJA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 167K and a median price per square foot (PSF) of RM 201.

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 167K, with most transactions falling within a stable range of RM 145K to RM 295K, and a typical market range of RM 150K to RM 183K.

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

Price per square foot shows a median of RM 201, though individual units vary from RM 151 to RM 251 in the core range. The broader market spans RM 182.75 to RM 219.25, indicating diverse property characteristics. A wider spread (IQR: RM 36.50) and deviation (MAD: RM 50) 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.

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TAMAN MALINJA, Melaka Tengah, Melaka

OSM

Transactions

4 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
850 sqft
RM 145,000
Flat Level 4
829 sqft · RM 175.00 PSF
Oct 2023
RM 178,000
Flat Level 4
829 sqft · RM 215.00 PSF
Sep 2023
RM 155,000
Condo/Apartment Level
829 sqft · RM 187.00 PSF
May 2023
1,500 sqft
Double Storey Shop
RM 455,000
MALINJA 3
1,496 sqft · RM 304.00 PSF
Jan 2023