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Market Snapshot
CommercialRM 408,500
RM 173 psfMedian transaction price
Taman Perindustrian Batu Berendam, 75150 Batu Berendam, Malacca, Malaysia
MapsTaman Industri Merdeka in Melaka Tengah, Melaka recorded 0 subsale transactions in 2024, with a median price of RM 409K and a median price per square foot (PSF) of RM 173.
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 409K, with most transactions falling within a stable range of RM 349K to RM 469K, and a typical market range of RM 345K to RM 472K.
Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 173, though individual units vary from RM 132 to RM 213 in the core range. The broader market spans RM 128.88 to RM 216.13, indicating diverse property characteristics. The spread of RM 87.25 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
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.