JLN TUN PERAK

JLN TUN PERAK in Melaka Tengah, Melaka recorded 2 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 393.

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 850K, with most transactions falling within a stable range of RM 700K to RM 1.00 million, and a typical market range of RM 700K to RM 1.00 million.

Within the 4-Storey 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 393, though individual units vary from RM 237 to RM 548 in the core range. The broader market spans RM 285.50 to RM 499.50, indicating diverse property characteristics. A wider spread (IQR: RM 214.00) and deviation (MAD: RM 156) 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.