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Taman Mgbm
PSF median price per sq ft · 12m its change over the past 12 months
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RM230,000
RM184 psfMedian transaction price
RM420,000
RM345 psfMedian transaction price
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Taman Malim Jaya, Malim Jaya, Malacca, Malaysia
MapsTaman Malim Jaya in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM420K and a median price per square foot (PSF) of RM345.
This area contains both residential and commercial properties. View 149 residential properties or 71 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, with high diversity across multiple property types.
For price per square foot, the median is RM345, with most transactions between RM345 and RM345. The usual range is RM257.80 to RM432.80, showing that most units are priced quite close to each other. With an IQR of RM175.00 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
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.