MITC PRIMA

MITC PRIMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 455.

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 630K to RM 770K, and a typical market range of RM 654K to RM 746K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 455, with core pricing between RM 409 and RM 502. Market pricing typically extends from RM 418.00 to RM 492.00, reflecting moderate variation in unit pricing. With an IQR of RM 74.00 and MAD of RM 47, 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.