Area Intelligence

PRIME SQUARE (UNIT STRATA)

2 properties
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Median Price
RM 252,500
PSF: RM 264

Commercial Market

Median Price

RM 252,500

IQR: RM 37
MAD: RM 37
RM 264 PSF

PSF Trends (2021-2025)

PRIME SQUARE (UNIT STRATA) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 253K and a median price per square foot (PSF) of RM 264.

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 253K, with most transactions falling within a stable range of RM 200K to RM 305K, and a typical market range of RM 226K to RM 279K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 264, with core pricing between RM 227 and RM 300. Market pricing typically extends from RM 245.25 to RM 281.75, reflecting moderate variation in unit pricing. With an IQR of RM 36.50 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PRIME SQUARE (UNIT STRATA), Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

650 sqft
1 units Shop/Retail Lot
RM 200,000
667 sqft · RM 300.00 PSF
Nov 2022
1,350 sqft
1 units Shop/Retail Lot
RM 305,000
1,345 sqft · RM 227.00 PSF
Sep 2022