TAMAN MALINJA

Area Intelligence

2023

Median Price

RM 166,500

PSF: RM 201

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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 153K to RM 178K, and a typical market range of RM 150K to RM 178K.

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

For price per square foot, the median is RM 201, with most transactions between RM 184 and RM 218. The usual range is RM 182.75 to RM 219.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.50 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

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

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