Area Intelligence

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)

8 properties
2024
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Median Price
RM 685,000
PSF: RM 344

Commercial Market

Median Price

RM 685,000

IQR: RM 132
MAD: RM 69
RM 344 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI) in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 685K and a median price per square foot (PSF) of RM 344.

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 685K, with most transactions falling within a stable range of RM 541K to RM 829K, and a typical market range of RM 575K to RM 795K.

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

Price per square foot shows a median of RM 344, though individual units vary from RM 267 to RM 420 in the core range. The broader market spans RM 277.75 to RM 409.25, indicating diverse property characteristics. The spread of RM 131.50 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

8 properties found

Single Storey Shop JLN MP 14
RM 469,000
1,539 sqft Aug 2024
RM 305.00 PSF
Double Storey Shop JALAN MP 3
RM 790,000
1,765 sqft Jul 2024
RM 448.00 PSF
Double Storey Shop JALAN MP 2
RM 900,000
1,765 sqft Jun 2024
RM 510.00 PSF
Double Storey Shop JALAN MERDEKA PERMAI 1
RM 600,000
1,765 sqft May 2024
RM 340.00 PSF
3-Storey Storey Shop JALAN MP 1
RM 690,000
1,991 sqft May 2024
RM 347.00 PSF
Single Storey Shop JLN MP 14
RM 439,000
1,539 sqft Apr 2024
RM 285.00 PSF
Double Storey Shop JALAN MP 3
RM 698,000
2,207 sqft Apr 2024
RM 316.00 PSF
Double Storey Shop JLN MP 12
RM 680,000
1,539 sqft Feb 2024
RM 442.00 PSF