Malim Business Centre

5 & 7, Jalan Malim Jaya 2/7A, Taman Malim Permai, 75250 Melaka, Malaysia

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Selling in Malim Business Centre? Homes here sold for a median of RM850,000.

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Market Snapshot

Commercial

RM850,000

RM212 psf

Median transaction price

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5 & 7, Jalan Malim Jaya 2/7A, Taman Malim Permai, 75250 Melaka, Malaysia

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Malim Business Centre in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM850K and a median price per square foot (PSF) of RM212.

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 RM850K, with most transactions falling within a stable range of RM750K to RM950K, and a typical market range of RM760K to RM940K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM212, with core pricing between RM187 and RM237. Market pricing typically extends from RM189.50 to RM234.50, reflecting moderate variation in unit pricing. With an IQR of RM45.00 and MAD of RM25, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.