Area Intelligence

MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

6 properties
3-Storey Storey Shop
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Median Price
RM 604,000
PSF: RM 425

Commercial Market

Median Price

RM 604,000

IQR: RM 89
MAD: RM 50
RM 425 PSF 8.3%

PSF Trends (2021-2025)

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 6 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey 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 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.

Area Location

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

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Transactions

6 properties grouped by size

1,350 sqft
3 units 3-Storey Storey Shop
RM 495,000
BALAI PANJANG
1,345 sqft · RM 368.00 PSF
Jul 2024
RM 558,000
PPM 11
1,345 sqft · RM 415.00 PSF
Feb 2024
RM 540,000
JLN PPM 11
1,345 sqft · RM 401.00 PSF
Dec 2022
1,500 sqft
2 units 3-Storey Storey Shop
RM 650,000
JLN PPM 4
1,496 sqft · RM 434.00 PSF
Jul 2024
RM 820,000
JLN PPM 4
1,496 sqft · RM 548.00 PSF
Mar 2022
2,150 sqft
1 units 3-Storey Storey Shop
RM 1,000,000
JALAN PPM 12
2,142 sqft · RM 467.00 PSF
Nov 2021