PRIME POINT

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.