Posts about Malim Business Park (Plaza Pandan Malim)
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Market Snapshot
CommercialRM 450,000
RM 360 psfMedian transaction price
Jalan Ppm 13, Plaza Pandan Malim, 75250 Melaka, Malaysia
MapsMalim 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 317.40 to RM 403.40, showing that most units are priced quite close to each other. With an IQR of RM 86.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.