PERINDUSTRIAN MALIM JAYA

PERINDUSTRIAN MALIM JAYA in Melaka Tengah, Melaka recorded 14 subsale transactions in 2023, with a median price of RM 419K and a median price per square foot (PSF) of RM 162.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 419K, with most transactions falling within a stable range of RM 330K to RM 520K, and a typical market range of RM 332K to RM 507K.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 162, though individual units vary from RM 127 to RM 197 in the core range. The broader market spans RM 137.50 to RM 186.50, indicating diverse property characteristics. The spread of RM 49.00 (IQR) and deviation of RM 35 (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.