MALIM BUSINESS CENTRE

Area Intelligence
2022
Median Price
RM 860,000
PSF: RM 215

Commercial PSF Trends

Median Price

RM 860,000

RM 215 PSF

MALIM BUSINESS CENTRE in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 860K and a median price per square foot (PSF) of RM 215.

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 860K, with most transactions falling within a stable range of RM 700K to RM 1.67 million, and a typical market range of RM 745K to RM 975K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 215, though individual units vary from RM 153 to RM 277 in the core range. The broader market spans RM 186.03 to RM 243.53, indicating diverse property characteristics. A wider spread (IQR: RM 57.50) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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MALIM BUSINESS CENTRE, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

4,000 sqft
Semi-D Factory
RM 770,000
JALAN IKS M5
4,004 sqft · RM 192 PSF
RM 1,130,000
JALAN IKS M5
4,004 sqft · RM 282 PSF
RM 700,000
JALAN IKS M8
4,004 sqft · RM 175 PSF
RM 750,000
JALAN IKS M6
4,004 sqft · RM 187 PSF
RM 950,000
JALAN IKS M5
4,004 sqft · RM 237 PSF
8,600 sqft
Semi-D Factory
RM 3,000,000
JALAN IKS M8
8,579 sqft · RM 350 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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