MITC PRIMA

Area Intelligence
3 subsale transactions
3-Storey Shop
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Median Price
RM 700,000
PSF: RM 455

Commercial PSF Trends

Median Price

RM 700,000

RM 455 PSF

MITC PRIMA in Melaka Tengah, Melaka recorded 3 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, 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 658K to RM 760K, and a typical market range of RM 658K to RM 746K.

Within the 3-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 455, with most transactions between RM 416 and RM 494. The usual range is RM 418.00 to RM 492.00, showing that most units are priced quite close to each other. With an IQR of RM 74.00 and MAD of RM 39, 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.

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MITC PRIMA, Melaka Tengah, Melaka

OSM

Transactions

3 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,550 sqft
3-Storey Shop
RM 800,000
MITC PRIMA 1
1,539 sqft · RM 520.00 PSF
Apr 2024
RM 658,000
MITC PRIMA
1,539 sqft · RM 427.00 PSF
Jan 2024
RM 700,000
JALAN MITC PRIMA 1
1,539 sqft · RM 455.00 PSF
Jan 2023