JALAN TUN PERAK in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 548.
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 1.00 million, with most transactions falling within a stable range of RM 962K to RM 1.04 million, and a typical market range of RM 850K to RM 1.15 million.
Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 548, though individual units vary from RM 429 to RM 667 in the core range. The broader market spans RM 441.00 to RM 655.00, indicating diverse property characteristics. The spread of RM 214.00 (IQR) and deviation of RM 119 (MAD) suggest moderate price variations reflecting different property features.
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.
