Malim Business Park (Plaza Pandan Malim)

Jalan Ppm 13, Plaza Pandan Malim, 75250 Melaka, Malaysia

Property Transactions

6 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
Office
RM207,000
Level 2
1,475 sqft · RM140 PSF
RM200,000
Level 2
1,464 sqft · RM137 PSF
2,850 sqft
2-Sty Shop
RM720,000
Jalan Plaza Pandan Malim
2,831 sqft · RM254 PSF
RM570,000
Jalan Ppm 14
2,831 sqft · RM201 PSF
3,900 sqft
3-Sty Shop
RM540,000
Jalan Ppm 11
3,897 sqft · RM139 PSF
4,350 sqft
3-Sty Shop
RM820,000
Jalan Ppm 4
4,338 sqft · RM189 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM555,000

RM165 psf

Median transaction price

Malim Business Park (Plaza Pandan Malim)
© OpenStreetMap · CARTO

Jalan Ppm 13, Plaza Pandan Malim, 75250 Melaka, Malaysia

Maps

Malim Business Park (Plaza Pandan Malim) in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM555K and a median price per square foot (PSF) of RM165.

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 RM555K, with most transactions falling within a stable range of RM320K to RM790K, and a typical market range of RM455K to RM655K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM165, though individual units vary from RM122 to RM208 in the core range. The broader market spans RM121.70 to RM207.70, indicating diverse property characteristics. A wider spread (IQR: RM86.00) and deviation (MAD: RM43) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.