MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 495K and a median price per square foot (PSF) of RM 360.

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 495K, with most transactions falling within a stable range of RM 425K to RM 565K, and a typical market range of RM 423K to RM 568K.

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

The median PSF stands at RM 360, with core pricing between RM 310 and RM 410. Market pricing typically extends from RM 315.75 to RM 404.25, 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.