JLN TUN PERAK

JLN TUN PERAK in Melaka Tengah, Melaka recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 1.14 million and a median price per square foot (PSF) of RM 281.

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 1.14 million, with most transactions falling within a stable range of RM 670K to RM 1.60 million, and a typical market range of RM 985K to RM 1.29 million.

Within the Single Storey Shop category, 4 - 4 1/2 storey shop dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 281, though individual units vary from RM 111 to RM 451 in the core range. The broader market spans RM 174.00 to RM 388.00, indicating diverse property characteristics. A wider spread (IQR: RM 214.00) and deviation (MAD: RM 170) 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.