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 484.
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 484, with most transactions between RM 484 and RM 484. The usual range is RM 368.50 to RM 599.50, showing that most units are priced quite close to each other. With an IQR of RM 231.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.