JLN UJONG PASIR

JLN UJONG PASIR in Melaka Tengah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 620K and a median price per square foot (PSF) of RM 346.

This area contains both residential and commercial properties. View 2 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 620K, with most transactions falling within a stable range of RM 410K to RM 875K, and a typical market range of RM 446K to RM 794K.

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

Price per square foot shows a median of RM 346, though individual units vary from RM 166 to RM 526 in the core range. The broader market spans RM 230.13 to RM 461.88, indicating diverse property characteristics. A wider spread (IQR: RM 231.75) and deviation (MAD: RM 180) 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.