JLN TUN PERAK

JLN TUN PERAK in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, 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.

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 429, with most transactions between RM 429 and RM 429. The usual range is RM 322.00 to RM 536.00, 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.