Area Intelligence

PUSAT KOMERSIAL IXORA

2 properties
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Median Price
RM 753,000
PSF: RM 484

Commercial Market

Median Price

RM 753,000

IQR: RM 231
MAD: RM 231
RM 484 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PUSAT KOMERSIAL IXORA in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 753K and a median price per square foot (PSF) of RM 484.

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 RM 753K, with most transactions falling within a stable range of RM 506K to RM 1.00 million, and a typical market range of RM 630K to RM 877K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 484, though individual units vary from RM 253 to RM 715 in the core range. The broader market spans RM 368.50 to RM 599.50, indicating diverse property characteristics. A wider spread (IQR: RM 231.00) and deviation (MAD: RM 231) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PUSAT KOMERSIAL IXORA, Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 1,000,000
JALAN IXORA
1,399 sqft · RM 715.00 PSF
Mar 2023
2,000 sqft
1 units Shop/Retail Lot
RM 506,000
2,002 sqft · RM 253.00 PSF
Dec 2023