KOMPLEK PERNIAGAAN KOTA SYAHBANDAR

KOMPLEK PERNIAGAAN KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 760K and a median price per square foot (PSF) of RM 494.

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 760K, with most transactions falling within a stable range of RM 729K to RM 770K, and a typical market range of RM 700K to RM 770K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 494, with most transactions between RM 456 and RM 532. The usual range is RM 261.50 to RM 726.50, showing that most units are priced quite close to each other. With an IQR of RM 465.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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.