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Melaka, Melaka Tengah, Balai Panjang

MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

Area Intelligence
Median Price
RM 497,500
PSF: RM 375
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Commercial PSF Trends

Median Price

RM 497,500

RM 375 PSF

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 498K and a median price per square foot (PSF) of RM 375.

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 498K, with most transactions falling within a stable range of RM 428K to RM 568K, and a typical market range of RM 425K to RM 570K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 375, with core pricing between RM 325 and RM 425. Market pricing typically extends from RM 330.25 to RM 418.75, reflecting moderate variation in unit pricing. With an IQR of RM 88.50 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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MALIM BUSINESS PARK (PLAZA PANDAN MALIM), Melaka Tengah, Melaka

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Transactions

16 transactions grouped by size

View Type

Grouped View Individual View
1,250 sqft
Shop/Retail Lot
RM 495,000
Level 1
1,227 sqft · RM 403 PSF
RM 450,000
Level 1
1,249 sqft · RM 360 PSF
1,350 sqft
RM 495,000
BALAI PANJANG
1,345 sqft · RM 368 PSF
RM 230,000
Level 2
1,335 sqft · RM 172 PSF
RM 558,000
PPM 11
1,345 sqft · RM 415 PSF
RM 540,000
JALAN PPM 11
1,345 sqft · RM 401 PSF
1,400 sqft
Shop/Retail Lot
RM 495,000
Level 1
1,421 sqft · RM 348 PSF
RM 500,000
Level 1
1,421 sqft · RM 352 PSF
1,450 sqft
Office Lot
RM 207,000
Level 2
1,475 sqft · RM 140 PSF
RM 200,000
Level 2
1,464 sqft · RM 137 PSF
1,500 sqft
RM 650,000
JALAN PPM 4
1,496 sqft · RM 434 PSF
RM 720,000
JALAN PLAZA PANDAN MALIM
1,496 sqft · RM 481 PSF
RM 570,000
JALAN PPM 14
1,496 sqft · RM 381 PSF
RM 820,000
JALAN PPM 4
1,496 sqft · RM 548 PSF
1,550 sqft
Office Lot
RM 430,000
Level 1
1,528 sqft · RM 281 PSF
2,150 sqft
3-Storey Shop
RM 1,000,000
JALAN PPM 12
2,142 sqft · RM 467 PSF

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There are currently no properties listed for sale in this area.

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