| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong. 1 Jalan Pm 2
|
RM 367,000
|
RM 177
|
2,077 sqft
|
|
1-Sty Shop |
|
Jalan Pm 2
|
RM 330,000
|
RM 159
|
2,077 sqft
|
|
Terrace Factory |
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Market Snapshot
CommercialRM 348,500
RM 168 psfMedian transaction price
Taman Perindustrian Batu Berendam, 75150 Batu Berendam, Malacca, Malaysia
MapsTaman Industri Merdeka in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 349K and a median price per square foot (PSF) of RM 168.
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 349K, with most transactions falling within a stable range of RM 330K to RM 367K, and a typical market range of RM 330K to RM 367K.
Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 168, with most transactions between RM 159 and RM 177. The usual range is RM 124.13 to RM 211.39, showing that most units are priced quite close to each other. With an IQR of RM 87.25 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.