Area Intelligence

TMN MALINJA

4 properties
2023
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Median Price
RM 166,500
PSF: RM 201

Residential Market

Median Price

RM 155,000

IQR: RM 34
MAD: RM 16
RM 187 PSF 4.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 455,000

IQR: RM 95
MAD: RM 44
RM 304 PSF 27.8%

PSF Trends (2021-2025)

TMN 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 12 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 151K to RM 182K.

Most transactions involved condominium/apartment, 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 185.00 to RM 217.00, indicating diverse property characteristics. A wider spread (IQR: RM 32.00) 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.

Area Location

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TMN MALINJA, Melaka Tengah, Melaka

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Transactions

4 properties found

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