MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, priced between RM 300K and RM 750K, with a median price of RM 500K and a median price per square foot (PSF) of RM 254.

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 500K, with most transactions falling within a stable range of RM 430K to RM 582K, and a typical market range of RM 430K to RM 573K.

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

Price per square foot shows a median of RM 254, though individual units vary from RM 154 to RM 355 in the core range. The broader market spans RM 210.09 to RM 298.59, indicating diverse property characteristics. A wider spread (IQR: RM 88.50) and deviation (MAD: RM 100) indicate significant PSF variations, likely due to diverse property types or conditions.

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.