JLN TUN PERAK
Commercial Market
Median Price
RM 708,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
69 properties
Median Price
RM 75,000
+5.0% CAGR
Median PSF
RM 96.00
+2.5% CAGR
Shop/Retail Lot
7 properties
Median Price
RM 320,000
+10.0% CAGR
Median PSF
RM 226.00
+6.5% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Flat | 69 |
RM 75,000
±6K MAD
|
+4.97% |
RM 96.00
±3 MAD
|
+2.51% | |
| Shop/Retail Lot | 7 |
RM 320,000
±23K MAD
|
+10.00% |
RM 226.00
±8 MAD
|
+6.45% |
JLN TUN PERAK in Melaka Tengah, Melaka recorded 0 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 558K 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.