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 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

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 145,000

Level 4

829 sqft • RM 175.00 PSF

Oct 2023

RM 178,000

Level 4

829 sqft • RM 215.00 PSF

Sep 2023

RM 155,000

Level

829 sqft • RM 187.00 PSF

May 2023

RM 455,000

MALINJA 3

1,496 sqft • RM 304.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 4	RM 145,000	RM 175.00	829 sqft	Oct 2023	Flat
Level 4	RM 178,000	RM 215.00	829 sqft	Sep 2023	Flat
Level	RM 155,000	RM 187.00	829 sqft	May 2023	Condo/Apartment
MALINJA 3	RM 455,000	RM 304.00	1,496 sqft	Jan 2023	Double Storey Shop