Melaka
Melaka Tengah
Bdr Melaka
JALAN TUN PERAK

JALAN TUN PERAK

Area Intelligence

2023

Median Price

RM 670,000

PSF: RM 451

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Commercial PSF Trends

Median Price

RM 670,000

RM 451 PSF

JALAN TUN PERAK in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 670K and a median price per square foot (PSF) of RM 451.

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 451, with most transactions between RM 451 and RM 451. The usual range is RM 344.00 to RM 558.00, 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.

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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