Area Intelligence

TMN KOTA SYAHBANDAR

12 properties
Double Storey Shop
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Median Price
RM 766,500
PSF: RM 490

Residential Market

Median Price

RM 838,000

IQR: RM 94
MAD: RM 37
RM 462 PSF 0.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 766,500

IQR: RM 80
MAD: RM 47
RM 490 PSF 1.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 12 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 767K and a median price per square foot (PSF) of RM 490.

This area contains both residential and commercial properties. View 17 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 767K, with most transactions falling within a stable range of RM 688K to RM 845K, and a typical market range of RM 670K to RM 863K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 490, with most transactions between RM 442 and RM 537. The usual range is RM 448.88 to RM 530.13, showing that most units are priced quite close to each other. With an IQR of RM 81.25 and MAD of RM 47, 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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TMN KOTA SYAHBANDAR, Melaka Tengah, Melaka

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Transactions

12 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 800,000
JLN KSB 13
1,399 sqft · RM 572.00 PSF
Sep 2021
1,550 sqft
9 units (showing 6) Double Storey Shop
RM 850,000
JLN KSB 14
1,539 sqft · RM 552.00 PSF
May 2024
RM 850,000
JLN KSB
1,539 sqft · RM 552.00 PSF
Apr 2024
RM 850,000
JLN KSB 14
1,539 sqft · RM 552.00 PSF
Apr 2024
RM 700,000
JALAN KSB 3
1,539 sqft · RM 455.00 PSF
Mar 2024
RM 755,000
JLN KSB 14
1,539 sqft · RM 491.00 PSF
Dec 2023
RM 735,000
JALAN KSB 3
1,539 sqft · RM 478.00 PSF
Nov 2023
1,650 sqft
1 units Double Storey Shop
RM 700,000
JALAN KSB 3
1,625 sqft · RM 431.00 PSF
Jan 2022
1,950 sqft
1 units Double Storey Shop
RM 940,000
JLN KSB 14
1,927 sqft · RM 488.00 PSF
Jul 2023