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.

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

For price per square foot, the median is RM 455, with most transactions between RM 455 and RM 455. 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 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.