JLN TUN PERAK Property Investment Analysis

Bdr Melaka, Melaka Tengah, Melaka

Median Price
RM 708,000
CAGR
-15.9%
Median PSF
RM 429.00
CAGR
-11.5%
Transactions
5
Period
2022-2024

PROPERTY TYPES OVERVIEW

JLN 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.

ADVANCED FILTERS

TRANSACTIONS

5 found
2 - 2 1/2 Storey Shop
JLN KPG LAPAN
RM 708,000
PSF: RM 429.00
Area: 1,650 sqft
Date: Jul 2024
4 - 4 1/2 Storey Shop
JLN TUN PERAK
RM 700,000
PSF: RM 237.00
Area: 2,954 sqft
Date: Jul 2023
1 - 1 1/2 Storey Shop
JLN TUN PERAK
RM 1,600,000
PSF: RM 111.00
Area: 14,434 sqft
Date: Jun 2023
1 - 1 1/2 Storey Shop
JLN TUN PERAK
RM 670,000
PSF: RM 451.00
Area: 1,485 sqft
Date: Apr 2023
4 - 4 1/2 Storey Shop
JLN TUN PERAK
RM 1,000,000
PSF: RM 548.00
Area: 1,824 sqft
Date: Feb 2022