| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Jasa Merdeka 2
|
RM 420,000
|
RM 210
|
2,002 sqft
|
|
|
|
Jalan Jasa Merdeka 2
|
RM 480,000
|
RM 240
|
2,002 sqft
|
|
|
Jalan Jasa Merdeka 16
|
RM 380,000
|
RM 158
|
2,400 sqft
|
|
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Market Snapshot
CommercialRM 420,000
RM 210 psfMedian transaction price
Taman Datuk Tamby Chik Karim, 75350 Melaka, Malaysia
MapsTaman Datuk Tamby Chik Karim in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 210.
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 420K, with most transactions falling within a stable range of RM 380K to RM 461K, and a typical market range of RM 380K to RM 480K.
Within the Double Storey Shop category, semi-detached factory/warehouse dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 210, with core pricing between RM 176 and RM 243. Market pricing typically extends from RM 193.78 to RM 225.78, reflecting moderate variation in unit pricing. The spread of RM 32.00 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.