Area Intelligence

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)

38 properties
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Median Price
RM 680,000
PSF: RM 377

Commercial Market

Median Price

RM 680,000

IQR: RM 132
MAD: RM 69
RM 377 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI) in Melaka Tengah, Melaka recorded 38 subsale transactions between 2021 and 2025, with a median price of RM 680K and a median price per square foot (PSF) of RM 377.

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 680K, with most transactions falling within a stable range of RM 565K to RM 795K, and a typical market range of RM 570K to RM 790K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 377, with core pricing between RM 308 and RM 446. Market pricing typically extends from RM 310.75 to RM 442.25, reflecting moderate variation in unit pricing. The spread of RM 131.50 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

Area Location

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MALIM BUSINESS CENTRE (T.MERDEKA PERMAI), Melaka Tengah, Melaka

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Transactions

38 properties grouped by size

1,550 sqft
11 units (showing 6)
RM 469,000
Single Storey Shop JLN MP 14
1,539 sqft · RM 305.00 PSF
Aug 2024
RM 439,000
Single Storey Shop JLN MP 14
1,539 sqft · RM 285.00 PSF
Apr 2024
RM 680,000
Double Storey Shop JLN MP 12
1,539 sqft · RM 442.00 PSF
Feb 2024
RM 633,000
Double Storey Shop JALAN MP 16
1,539 sqft · RM 411.00 PSF
Nov 2023
RM 695,000
Double Storey Shop JALAN MALIM JAYA
1,539 sqft · RM 452.00 PSF
Jul 2023
RM 695,000
Double Storey Shop MERDEKA PERMAI 19
1,539 sqft · RM 452.00 PSF
Jul 2023
1,750 sqft
15 units (showing 6) Double Storey Shop
RM 790,000
JALAN MP 3
1,765 sqft · RM 448.00 PSF
Jul 2024
RM 900,000
JALAN MP 2
1,765 sqft · RM 510.00 PSF
Jun 2024
RM 600,000
JALAN MERDEKA PERMAI 1
1,765 sqft · RM 340.00 PSF
May 2024
RM 790,000
JALAN MP 3
1,765 sqft · RM 448.00 PSF
Nov 2023
RM 850,000
JALAN MP 10
1,765 sqft · RM 482.00 PSF
Oct 2023
RM 785,000
JALAN MP 2
1,765 sqft · RM 445.00 PSF
Jun 2023
1,800 sqft
1 units Double Storey Shop
RM 538,000
JALAN MP 15
1,787 sqft · RM 301.00 PSF
May 2022
1,900 sqft
1 units Double Storey Shop
RM 550,000
JLN MP 16
1,916 sqft · RM 287.00 PSF
Feb 2023
2,000 sqft
2 units
RM 690,000
3-Storey Storey Shop JALAN MP 1
1,991 sqft · RM 347.00 PSF
May 2024
RM 617,000
Double Storey Shop JALAN MP 3
1,991 sqft · RM 310.00 PSF
Aug 2022
2,050 sqft
2 units
RM 400,000
Single Storey Shop JLN MP 14
2,067 sqft · RM 194.00 PSF
Mar 2023
RM 565,000
Double Storey Shop JALAN MP 3
2,034 sqft · RM 278.00 PSF
May 2022
2,150 sqft
1 units Double Storey Shop
RM 720,000
JALAN MP 12
2,174 sqft · RM 331.00 PSF
Aug 2023
2,200 sqft
1 units Double Storey Shop
RM 698,000
JALAN MP 3
2,207 sqft · RM 316.00 PSF
Apr 2024
3,400 sqft
1 units Double Storey Shop
RM 1,050,000
JALAN MP 16
3,423 sqft · RM 307.00 PSF
Feb 2023
3,550 sqft
2 units Double Storey Shop
RM 1,450,000
JALAN MERDEKA PERMAI 1
3,574 sqft · RM 406.00 PSF
Jan 2022
RM 1,280,000
JLN MP 12
3,574 sqft · RM 358.00 PSF
Nov 2021
3,700 sqft
1 units Double Storey Shop
RM 1,800,000
JALAN MP 6
3,724 sqft · RM 483.00 PSF
Jan 2022