PRIME SQUARE
Commercial Market
Median Price
RM 1,216,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
5 properties
Median Price
RM 1,216,000
-6.8% CAGR
Median PSF
RM 790.00
-6.8% CAGR
Office Lot
1 properties
Median Price
RM 250,000
Median PSF
RM 186.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 3-Storey Storey Shop | 5 |
RM 1,216,000
±123K MAD
|
-6.77% |
RM 790.00
±80 MAD
|
-6.77% | |
| Office Lot | 1 |
RM 250,000
|
- |
RM 186.00
|
- |
PRIME SQUARE in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 790.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 790, with most transactions between RM 790 and RM 790. The usual range is RM 684.75 to RM 895.25, showing that most units are priced quite close to each other. With an IQR of RM 210.50 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| 3-Storey Storey Shop |
JLN MR 22
|
RM 1,216,000
|
RM 790.00
|
1,539 sqft
|
May 2022
|