PRIME POINT Property Investment Analysis

Bdr Melaka, Melaka Tengah, Melaka

Median Price
RM 700,000
CAGR
+28.7%
Median PSF
RM 559.00
CAGR
-6.9%
Transactions
5
Period
2022-2023

PRIME POINT in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 700K and a median price per square foot (PSF) of RM 559.

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 700K, with most transactions falling within a stable range of RM 575K to RM 825K, and a typical market range of RM 598K to RM 803K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 559, with most transactions between RM 510 and RM 608. The usual range is RM 527.00 to RM 591.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 49, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

5 found
3 - 3 1/2 Storey Shop
JLN MELAKA RAYA 29
RM 780,000
PSF: RM 510.00
Area: 1,528 sqft
Date: Dec 2023
3 - 3 1/2 Storey Shop
JLN MELAKA RAYA 29
RM 560,000
PSF: RM 559.00
Area: 1,001 sqft
Date: Nov 2023
3 - 3 1/2 Storey Shop
JLN MELAKA RAYA 29
RM 700,000
PSF: RM 699.00
Area: 1,001 sqft
Date: Oct 2023
3 - 3 1/2 Storey Shop
JALAN MELAKA RAYA 26
RM 838,000
PSF: RM 373.00
Area: 2,250 sqft
Date: Jul 2023
3 - 3 1/2 Storey Shop
JLN MELAKA RAYA 29
RM 575,000
PSF: RM 574.00
Area: 1,001 sqft
Date: Nov 2022