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 grouped by size

850 sqft
3 units
RM 145,000
Flat
829 sqft · RM 175.00 PSF
Oct 2023
RM 178,000
Flat
829 sqft · RM 215.00 PSF
Sep 2023
RM 155,000
Condo/Apartment
829 sqft · RM 187.00 PSF
May 2023
1,500 sqft
1 units Double Storey Shop
RM 455,000
MALINJA 3
1,496 sqft · RM 304.00 PSF
Jan 2023