Area Intelligence

MITC PRIMA

1 properties
Double Storey Shop
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Median Price
RM 560,000
PSF: RM 308

Commercial Market

Median Price

RM 560,000

IQR: RM 74
MAD: RM 47
RM 308 PSF 24.0%

PSF Trends (2021-2025)

MITC PRIMA in Melaka Tengah, Melaka recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 560K and a median price per square foot (PSF) of RM 308.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 308, with most transactions between RM 308 and RM 308. The usual range is RM 271.00 to RM 345.00, showing that most units are priced quite close to each other. With an IQR of RM 74.00 and MAD of RM 0, 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. 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.

Area Location

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MITC PRIMA, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

1,800 sqft
1 units Double Storey Shop
RM 560,000
JLN LINGKARAN MITC
1,819 sqft · RM 308.00 PSF
May 2022