LIST

Melaka, Melaka Tengah, Balai Panjang

MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

Area Intelligence
2024
Median Price
RM 495,000
PSF: RM 360
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Commercial PSF Trends

Median Price

RM 495,000

RM 360 PSF

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.

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

OSM

Track location

Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,250 sqft
Shop/Retail Lot
RM 495,000
Level 1
1,227 sqft · RM 403 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
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
1,550 sqft
Office Lot
RM 430,000
Level 1
1,528 sqft · RM 281 PSF

No Properties For Sale

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

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