| Road | Price | PSF | Size | Date | Type |
|---|
|
Ppm 11
|
RM 558,000
|
RM 143
|
3,897 sqft
|
|
|
|
Jalan Ppm 11
|
RM 540,000
|
RM 139
|
3,897 sqft
|
|
|
Balai Panjang
|
RM 495,000
|
RM 121
|
4,090 sqft
|
|
|
Jalan Ppm 4
|
RM 830,000
|
RM 193
|
4,295 sqft
|
|
|
Jalan Ppm 4
|
RM 820,000
|
RM 189
|
4,338 sqft
|
|
|
Jalan Ppm 4
|
RM 650,000
|
RM 145
|
4,489 sqft
|
|
|
Jalan Ppm 12
|
RM 1,000,000
|
RM 190
|
5,264 sqft
|
|
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Market Snapshot
CommercialRM 650,000
RM 145 psfMedian transaction price
Jalan Ppm 13, Plaza Pandan Malim, 75250 Melaka, Malaysia
MapsMalim Business Park (Plaza Pandan Malim) in Melaka Tengah, Melaka recorded 7 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 650K and a median price per square foot (PSF) of RM 145.
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 650K, with most transactions falling within a stable range of RM 495K to RM 824K, and a typical market range of RM 550K to RM 750K.
Within the 3-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 145, with core pricing between RM 117 and RM 172. Market pricing typically extends from RM 101.81 to RM 187.81, reflecting moderate variation in unit pricing. The spread of RM 86.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
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.