KOMPLEKS NIAGA MELAKA PERDANA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 204K and a median price per square foot (PSF) of RM 188.
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 204K, with most transactions falling within a stable range of RM 169K to RM 239K, and a typical market range of RM 162K to RM 246K.
Most transactions involved office lot, with moderate diversity in property types available.
The median PSF stands at RM 188, with core pricing between RM 154 and RM 222. Market pricing typically extends from RM 167.25 to RM 207.75, reflecting moderate variation in unit pricing. The spread of RM 40.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
