Area Intelligence

TMN GADONG PERDANA(GADONG UTAMA SEC.1)

3 properties
Double Storey Shop
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Median Price
RM 480,000
PSF: RM 312

Residential Market

Median Price

RM 300,000

IQR: RM 79
MAD: RM 32
RM 200 PSF 6.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 480,000

IQR: RM 30
MAD: RM 10
RM 312 PSF 10.3%

PSF Trends (2021-2025)

TMN GADONG PERDANA(GADONG UTAMA SEC.1) in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 480K and a median price per square foot (PSF) of RM 312.

This area contains both residential and commercial properties. View 39 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 465K to RM 519K, and a typical market range of RM 465K to RM 539K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 312, with most transactions between RM 286 and RM 338. The usual range is RM 268.25 to RM 355.75, showing that most units are priced quite close to each other. With an IQR of RM 87.50 and MAD of RM 26, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN GADONG PERDANA(GADONG UTAMA SEC.1), Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 465,000
JLN GP 1
1,539 sqft · RM 302.00 PSF
Dec 2023
RM 555,000
JALAN GP 1
1,539 sqft · RM 361.00 PSF
Nov 2022
RM 480,000
JLN GP 1
1,539 sqft · RM 312.00 PSF
Nov 2022