KOMPLEKS NIAGA MELAKA PERDANA

KOMPLEKS NIAGA MELAKA PERDANA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 452K and a median price per square foot (PSF) of RM 335.

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 452K, with most transactions falling within a stable range of RM 180K to RM 723K, and a typical market range of RM 410K to RM 493K.

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

Price per square foot shows a median of RM 335, though individual units vary from RM 153 to RM 517 in the core range. The broader market spans RM 314.75 to RM 355.25, indicating diverse property characteristics. A wider spread (IQR: RM 40.50) and deviation (MAD: RM 182) 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.