KOMPLEKS NIAGA MELAKA PERDANA

KOMPLEKS NIAGA MELAKA PERDANA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 204K and a median price per square foot (PSF) of RM 188.

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 204K, with most transactions falling within a stable range of RM 188K to RM 220K, and a typical market range of RM 188K to RM 220K.

Most transactions involved office lot, with moderate diversity in property types available.

For price per square foot, the median is RM 188, with most transactions between RM 187 and RM 188. The usual range is RM 167.25 to RM 207.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 1 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.