THE PINES in Melaka Tengah, Melaka recorded 0 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 318K and a median price per square foot (PSF) of RM 642.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 318K, with most transactions falling within a stable range of RM 295K to RM 341K, and a typical market range of RM 306K to RM 331K.
Within the 3-Storey Shop category, service apartment dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 642, with most transactions between RM 599 and RM 685. The usual range is RM 618.50 to RM 665.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 43 indicate a highly stable PSF trend across properties.
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.
