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

MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

Area Intelligence

Double Storey Shop

Median Price

RM 645,000

PSF: RM 431

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Commercial PSF Trends

Median Price

RM 645,000

RM 431 PSF

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 645K and a median price per square foot (PSF) of RM 431.

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 645K, with most transactions falling within a stable range of RM 570K to RM 720K, and a typical market range of RM 573K to RM 718K.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 431, with core pricing between RM 381 and RM 481. Market pricing typically extends from RM 386.75 to RM 475.25, 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

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