| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kpks 3
|
RM 745,000
|
RM 254
|
2,928 sqft
|
|
|
|
Jalan Kpks 3
|
RM 750,000
|
RM 256
|
2,928 sqft
|
|
|
|
Jalan Kpks 3
|
RM 680,000
|
RM 232
|
2,928 sqft
|
|
|
Jalan Kpks 5
|
RM 1,289,000
|
RM 296
|
4,349 sqft
|
|
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Market Snapshot
CommercialRM 747,500
RM 255 psfMedian transaction price
Kompleks Perniagaan, 12a, Jln KPKS1, Kota Shahbandar, 75200 Malacca, Malaysia
MapsKompleks Perniagaan in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 748K and a median price per square foot (PSF) of RM 255.
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 748K, with most transactions falling within a stable range of RM 680K to RM 993K, and a typical market range of RM 680K to RM 995K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 255, with most transactions between RM 232 and RM 278. The usual range is RM 26.81 to RM 483.81, showing that most units are priced quite close to each other. With an IQR of RM 457.00 and MAD of RM 23, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.