Melaka
Melaka Tengah
Bdr Melaka
JALAN TUN PERAK

JALAN TUN PERAK

Area Intelligence

2022

Median Price

RM 1,000,000

PSF: RM 548

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Commercial PSF Trends

Median Price

RM 1,000,000

RM 548 PSF

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.

Most transactions involved 4 - 4 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 548, with most transactions between RM 548 and RM 548. The usual range is RM 441.00 to RM 655.00, 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.

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JALAN TUN PERAK, Melaka Tengah, Melaka

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