Melaka
Melaka Tengah
Bkt Baru
PUSAT KOMERSIAL IXORA

PUSAT KOMERSIAL IXORA

Area Intelligence

2023

Median Price

RM 753,000

PSF: RM 231

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PUSAT KOMERSIAL IXORA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 753K and a median price per square foot (PSF) of RM 231.

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 753K, with most transactions falling within a stable range of RM 506K to RM 1.00 million, and a typical market range of RM 630K to RM 877K.

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 231, with most transactions between RM 210 and RM 253. The usual range is RM 115.72 to RM 346.72, showing that most units are priced quite close to each other. With an IQR of RM 231.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PUSAT KOMERSIAL IXORA, Melaka Tengah, Melaka

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