Prime Square in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM1.08 million and a median price per square foot (PSF) of RM337.

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 RM1.08 million, with most transactions falling within a stable range of RM880K to RM1.29 million, and a typical market range of RM922K to RM1.25 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM337, with core pricing between RM273 and RM401. Market pricing typically extends from RM231.72 to RM442.22, reflecting moderate variation in unit pricing. The spread of RM210.50 (IQR) and deviation of RM64 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.