|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Mr 18
|
RM 1,289,000
|
RM 401
|
3,218 sqft
|
|
3-Sty Shop |
|
Jalan Merdeka
|
RM 880,000
|
RM 273
|
3,218 sqft
|
|
3-Sty Shop |
| 2023 | |||||
|
Level 1
|
RM 250,000
|
RM 186
|
1,345 sqft
|
|
Office |
| 2022 | |||||
|
Jalan Mr 22
|
RM 1,216,000
|
RM 378
|
3,218 sqft
|
|
3-Sty Shop |
| 2021 | |||||
|
Jalan Mr 28
|
RM 1,288,000
|
RM 400
|
3,218 sqft
|
|
3-Sty Shop |
|
Jalan Mr 22
|
RM 1,389,000
|
RM 432
|
3,218 sqft
|
|
3-Sty Shop |
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Malacca, Malaysia
MapsPrime Square in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 400.
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 1.25 million, with most transactions falling within a stable range of RM 1.17 million to RM 1.34 million, and a typical market range of RM 1.09 million to RM 1.39 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 400, with core pricing between RM 344 and RM 456. Market pricing typically extends from RM 294.95 to RM 505.45, reflecting moderate variation in unit pricing. With an IQR of RM 210.50 and MAD of RM 56, 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.