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Melaka, Melaka Tengah, Bdr Melaka

JALAN TUN PERAK

Area Intelligence
Median Price
RM 708,000
PSF: RM 429
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Commercial PSF Trends

Median Price

RM 708,000

RM 429 PSF

JALAN TUN PERAK in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 708K and a median price per square foot (PSF) of RM 429.

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 708K, with most transactions falling within a stable range of RM 670K to RM 746K, and a typical market range of RM 670K to RM 858K.

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 429, though individual units vary from RM 310 to RM 548 in the core range. The broader market spans RM 322.00 to RM 536.00, indicating diverse property characteristics. A wider spread (IQR: RM 214.00) and deviation (MAD: RM 119) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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JALAN TUN PERAK, Melaka Tengah, Melaka

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Transactions

5 transactions grouped by size

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Grouped View Individual View
1,500 sqft
Single Storey Shop
RM 670,000
JALAN TUN PERAK
1,485 sqft · RM 451 PSF
1,650 sqft
Double Storey Shop
RM 708,000
JALAN KPG LAPAN
1,650 sqft · RM 429 PSF
1,800 sqft
4-Storey Shop
RM 1,000,000
JALAN TUN PERAK
1,824 sqft · RM 548 PSF
2,950 sqft
4-Storey Shop
RM 700,000
JALAN TUN PERAK
2,954 sqft · RM 237 PSF
14,450 sqft
Single Storey Shop
RM 1,600,000
JALAN TUN PERAK
14,434 sqft · RM 111 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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