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Melaka, Melaka Tengah, Balai Panjang

MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

Area Intelligence
3-Storey Shop
Median Price
RM 604,000
PSF: RM 425
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Commercial PSF Trends

Median Price

RM 604,000

RM 425 PSF

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 6 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 604K and a median price per square foot (PSF) of RM 425.

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 604K, with most transactions falling within a stable range of RM 495K to RM 783K, and a typical market range of RM 532K to RM 677K.

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 425, with core pricing between RM 367 and RM 482. Market pricing typically extends from RM 380.25 to RM 468.75, reflecting moderate variation in unit pricing. With an IQR of RM 88.50 and MAD of RM 57, 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
1,350 sqft
3-Storey Shop
RM 495,000
BALAI PANJANG
1,345 sqft · RM 368 PSF
RM 558,000
PPM 11
1,345 sqft · RM 415 PSF
RM 540,000
JALAN PPM 11
1,345 sqft · RM 401 PSF
1,500 sqft
3-Storey Shop
RM 650,000
JALAN PPM 4
1,496 sqft · RM 434 PSF
RM 820,000
JALAN PPM 4
1,496 sqft · RM 548 PSF
2,150 sqft
3-Storey Shop
RM 1,000,000
JALAN PPM 12
2,142 sqft · RM 467 PSF

No Properties For Sale

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

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