MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

MALIM BUSINESS PARK (PLAZA PANDAN MALIM) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 360.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 360, with most transactions between RM 360 and RM 360. The usual range is RM 315.75 to RM 404.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 0, 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.