PLZA JAYA MUDA (ORCHARD POINT) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 140K and a median price per square foot (PSF) of RM 52.
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 140K, with most transactions falling within a stable range of RM 130K to RM 150K, and a typical market range of RM 133K to RM 148K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM 52, with core pricing between RM 47 and RM 58. Market pricing typically extends from RM 23.25 to RM 80.75, reflecting moderate variation in unit pricing. With an IQR of RM 57.50 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.