PUSAT NIAGA PERSIMPANGAN PERINGGIT

PUSAT NIAGA PERSIMPANGAN PERINGGIT in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 853K and a median price per square foot (PSF) of RM 536.

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 853K, with most transactions falling within a stable range of RM 775K to RM 930K, and a typical market range of RM 814K to RM 891K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 536, with most transactions between RM 529 and RM 543. The usual range is RM 532.50 to RM 539.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.