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 320K to RM 790K, and a typical market range of RM 483K to RM 628K.

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 391, though individual units vary from RM 233 to RM 549 in the core range. The broader market spans RM 346.75 to RM 435.25, indicating diverse property characteristics. A wider spread (IQR: RM 88.50) and deviation (MAD: RM 158) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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

OSM

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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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

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,350 sqft

3-Storey Shop

1,350 sqft

3-Storey Shop

RM 540,000

JALAN PPM 11

1,345 sqft · RM 401 PSF

Dec 2022

JALAN PPM 11

RM 540,000

RM 401

1,345 sqft

Dec 2022

1,450 sqft

Office Lot

1,450 sqft

Office Lot

RM 207,000

Level 2

1,475 sqft · RM 140 PSF

Jun 2022

RM 200,000

Level 2

1,464 sqft · RM 137 PSF

May 2022

Level 2	RM 207,000	RM 140	1,475 sqft	Jun 2022
Level 2	RM 200,000	RM 137	1,464 sqft	May 2022

1,500 sqft

RM 720,000

JALAN PLAZA PANDAN MALIM

1,496 sqft · RM 481 PSF

Nov 2022

RM 570,000

JALAN PPM 14

1,496 sqft · RM 381 PSF

Apr 2022

RM 820,000

JALAN PPM 4

1,496 sqft · RM 548 PSF

Mar 2022

JALAN PLAZA PANDAN MALIM	RM 720,000	RM 481	1,496 sqft	Nov 2022	Double Storey Shop
JALAN PPM 14	RM 570,000	RM 381	1,496 sqft	Apr 2022	Double Storey Shop
JALAN PPM 4	RM 820,000	RM 548	1,496 sqft	Mar 2022	3-Storey Shop