PRIME SQUARE (UNIT STRATA) in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 305K and a median price per square foot (PSF) of RM 227.
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 305K, with most transactions falling within a stable range of RM 253K to RM 358K, and a typical market range of RM 279K to RM 331K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 227, with core pricing between RM 191 and RM 264. Market pricing typically extends from RM 208.75 to RM 245.25, reflecting moderate variation in unit pricing. The spread of RM 36.50 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.
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.