MALIM BUSINESS PARK (PLAZA PANDAN MALIM) Property Investment Analysis

Balai Panjang, Melaka Tengah, Melaka

Median Price
RM 497,500
CAGR
-20.9%
Median PSF
RM 374.50
CAGR
-8.3%
Transactions
16
Period
2021-2024

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.

ADVANCED FILTERS

TRANSACTIONS

16 found
Shop Unit/Retail Lot
RM 495,000
PSF: RM 403.00
Area: 1,227 sqft
Date: Nov 2024
Shop Unit/Retail Lot
RM 495,000
PSF: RM 348.00
Area: 1,421 sqft
Date: Nov 2024
Shop Unit/Retail Lot
RM 500,000
PSF: RM 352.00
Area: 1,421 sqft
Date: Nov 2024
Office Lot
RM 430,000
PSF: RM 281.00
Area: 1,528 sqft
Date: Aug 2024
3 - 3 1/2 Storey Shop
BALAI PANJANG
RM 495,000
PSF: RM 368.00
Area: 1,345 sqft
Date: Jul 2024
3 - 3 1/2 Storey Shop
JLN PPM 4
RM 650,000
PSF: RM 434.00
Area: 1,496 sqft
Date: Jul 2024
Office Lot
RM 230,000
PSF: RM 172.00
Area: 1,335 sqft
Date: Mar 2024
3 - 3 1/2 Storey Shop
PPM 11
RM 558,000
PSF: RM 415.00
Area: 1,345 sqft
Date: Feb 2024
Shop Unit/Retail Lot
RM 450,000
PSF: RM 360.00
Area: 1,249 sqft
Date: Dec 2023
3 - 3 1/2 Storey Shop
JLN PPM 11
RM 540,000
PSF: RM 401.00
Area: 1,345 sqft
Date: Dec 2022
2 - 2 1/2 Storey Shop
JALAN PLAZA PANDAN MALIM
RM 720,000
PSF: RM 481.00
Area: 1,496 sqft
Date: Nov 2022
Office Lot
RM 207,000
PSF: RM 140.00
Area: 1,475 sqft
Date: Jun 2022
Office Lot
RM 200,000
PSF: RM 137.00
Area: 1,464 sqft
Date: May 2022
2 - 2 1/2 Storey Shop
JALAN PPM 14
RM 570,000
PSF: RM 381.00
Area: 1,496 sqft
Date: Apr 2022
3 - 3 1/2 Storey Shop
JLN PPM 4
RM 820,000
PSF: RM 548.00
Area: 1,496 sqft
Date: Mar 2022
3 - 3 1/2 Storey Shop
JALAN PPM 12
RM 1,000,000
PSF: RM 467.00
Area: 2,142 sqft
Date: Nov 2021