KOMPLEKS NIAGA MELAKA PERDANA

KOMPLEKS NIAGA MELAKA PERDANA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 273K and a median price per square foot (PSF) of RM 186.

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 273K, with most transactions falling within a stable range of RM 255K to RM 290K, and a typical market range of RM 255K to RM 290K.

Most transactions involved office lot, with moderate diversity in property types available.

The median PSF stands at RM 186, with core pricing between RM 150 and RM 221. Market pricing typically extends from RM 165.25 to RM 205.75, reflecting moderate variation in unit pricing. The spread of RM 40.50 (IQR) and deviation of RM 36 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.