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Jalan Tun Perak, Melaka, Malaysia
MapsJalan Tun Perak in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 7,125 and 7,174 sqft, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 140.
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 1 - 1 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 140, with most transactions between RM 140 and RM 140. The usual range is RM 32.91 to RM 246.91, showing that most units are priced quite close to each other. With an IQR of RM 214.00 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.