Pulau Melaka in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM78K and a median price per square foot (PSF) of RM115.

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 RM78K, with most transactions falling within a stable range of RM65K to RM90K, and a typical market range of RM65K to RM90K.

Most transactions involved office lot, though some variety exists in the market.

For price per square foot, the median is RM115, with most transactions between RM112 and RM117. The usual range is RM107.08 to RM122.08, showing that most units are priced quite close to each other. A typical spread (IQR) of RM15.00 and an average deviation (MAD) of RM2 indicate a highly stable PSF trend across properties.

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.