| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 465,000
|
RM 3,388
|
137 sqft
|
|
|
|
Level LG
|
RM 465,000
|
RM 3,388
|
137 sqft
|
|
|
Level 1
|
RM 1,000,000
|
RM 1,994
|
501 sqft
|
|
|
|
Level 1
|
RM 576,000
|
RM 1,165
|
494 sqft
|
|
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Jln Merdeka, Banda Hilir, 75000 Melaka, Malaysia
MapsMelaka Megamall Dataran Pahlawan in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 465K and a median price per square foot (PSF) of RM 2,808.
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 465K, with most transactions falling within a stable range of RM 354K to RM 576K, and a typical market range of RM 410K to RM 521K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 2,808, though individual units vary from RM 2,228 to RM 3,388 in the core range. The broader market spans RM 2,110.86 to RM 3,504.86, indicating diverse property characteristics. The spread of RM 1,394.00 (IQR) and deviation of RM 580 (MAD) suggest moderate price variations reflecting different property features.
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.