Melaka
Melaka Tengah
Balai Panjang
MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

Area Intelligence

2022

Median Price

RM 555,000

PSF: RM 391

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Commercial PSF Trends

Median Price

RM 555,000

RM 391 PSF

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 555K and a median price per square foot (PSF) of RM 391.

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 555K, with most transactions falling within a stable range of RM 540K to RM 634K, and a typical market range of RM 540K to RM 628K.

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

The median PSF stands at RM 391, with core pricing between RM 348 and RM 434. Market pricing typically extends from RM 346.75 to RM 435.25, reflecting moderate variation in unit pricing. With an IQR of RM 88.50 and MAD of RM 43, 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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