Prime Point

Malacca, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM740,000
PSF
RM220
Price Size
Period
transactions middle 50% (P25–P75)
2,850 sqft
3-Sty Shop
RM780,000
Jalan Melaka Raya 29
2,863 sqft · RM272 PSF
RM560,000
Jalan Melaka Raya 29
2,863 sqft · RM196 PSF
RM700,000
Jalan Melaka Raya 29
2,863 sqft · RM244 PSF
6,150 sqft
3-Sty Shop
RM838,000
Jalan Melaka Raya 26
6,135 sqft · RM137 PSF
Legend Recent Highest Price Highest PSF

Selling in Prime Point? Homes here sold for a median of RM740,000.

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Malacca, Malaysia

Maps

Prime Point in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM740K and a median price per square foot (PSF) of RM220.

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 RM740K, with most transactions falling within a stable range of RM636K to RM838K, and a typical market range of RM664K to RM816K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM220, though individual units vary from RM168 to RM272 in the core range. The broader market spans RM187.78 to RM252.28, indicating diverse property characteristics. The spread of RM64.50 (IQR) and deviation of RM52 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.