Menara Jian Mei in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM317K and a median price per square foot (PSF) of RM236.

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 RM317K, with most transactions falling within a stable range of RM182K to RM452K, and a typical market range of RM237K to RM397K.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM236, though individual units vary from RM122 to RM350 in the core range. The broader market spans RM171.50 to RM300.50, indicating diverse property characteristics. A wider spread (IQR: RM129.00) and deviation (MAD: RM114) 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.