| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Malinja 2
|
RM 520,000
|
RM 195
|
2,669 sqft
|
|
|
|
Jalan Malinja 2
|
RM 830,000
|
RM 311
|
2,669 sqft
|
|
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Market Snapshot
ResidentialRM 159,000
RM 209 psfMedian transaction price
Bukit Baru, Malacca, Malaysia
MapsTaman 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 209.
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 209, though individual units vary from RM 163 to RM 256 in the core range. The broader market spans RM 191.12 to RM 227.62, indicating diverse property characteristics. The spread of RM 36.50 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.
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.