Area Intelligence

KOTA FESYEN 2 (DEPAN MYDIN)

1 properties
2023
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Median Price
RM 850,000
PSF: RM 537

Commercial Market

Median Price

RM 850,000

IQR: RM 16
MAD: RM 16
RM 537 PSF 3.0%

PSF Trends (2021-2025)

KOTA FESYEN 2 (DEPAN MYDIN) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 537.

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 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 537, with most transactions between RM 537 and RM 537. The usual range is RM 529.25 to RM 544.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KOTA FESYEN 2 (DEPAN MYDIN), Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

1,600 sqft
1 units Double Storey Shop
RM 850,000
JLN KOMERSIAL
1,582 sqft · RM 537.00 PSF
Jun 2023