Malim Business Centre (T.merdeka Permai)

5 & 7, Jalan Malim Jaya 2/7A, Taman Malim Permai, 75250 Melaka, Malaysia

Property Transactions

6 subsales grouped by size · 2-Sty Shop →

Median
RM 714,000
PSF
RM 213
Price Size
Period
transactions middle 50% (P25–P75)
2,500 sqft
2-Sty Shop
RM 550,000
Jalan Mp 12
2,486 sqft · RM 221 PSF
2,900 sqft
2-Sty Shop
RM 830,000
Jalan Merdeka Permai 2
2,917 sqft · RM 285 PSF
RM 598,000
Jalan Mp 17
2,917 sqft · RM 205 PSF
RM 840,000
Jalan Mp 10
2,917 sqft · RM 288 PSF
RM 558,000
Jalan Mp 17
2,917 sqft · RM 191 PSF
6,700 sqft
2-Sty Shop
RM 1,280,000
Jalan Mp 12
6,684 sqft · RM 191 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 714,000

RM 213 psf

Median transaction price

Malim Business Centre (T.merdeka Permai)
© OpenStreetMap · CARTO

5 & 7, Jalan Malim Jaya 2/7A, Taman Malim Permai, 75250 Melaka, Malaysia

Maps

Malim Business Centre (T.merdeka Permai) in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 714K and a median price per square foot (PSF) of RM 213.

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 714K, with most transactions falling within a stable range of RM 550K to RM 969K, and a typical market range of RM 604K to RM 824K.

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

The median PSF stands at RM 213, with core pricing between RM 172 and RM 254. Market pricing typically extends from RM 146.60 to RM 279.60, reflecting moderate variation in unit pricing. The spread of RM 133.00 (IQR) and deviation of RM 41 (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.