Melaka
Melaka Tengah
Bt Berendam
MALIM BUSINESS CENTRE

MALIM BUSINESS CENTRE

Area Intelligence

2023

Median Price

RM 900,000

PSF: RM 225

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Commercial PSF Trends

Median Price

RM 900,000

RM 225 PSF

MALIM BUSINESS CENTRE in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 900K and a median price per square foot (PSF) of RM 225.

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

For price per square foot, the median is RM 225, with most transactions between RM 225 and RM 225. The usual range is RM 196.02 to RM 253.52, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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MALIM BUSINESS CENTRE, Melaka Tengah, Melaka

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