Area Intelligence

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)

12 properties
2022
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Median Price
RM 650,000
PSF: RM 387

Commercial Market

Median Price

RM 650,000

IQR: RM 132
MAD: RM 69
RM 387 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI) in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 387.

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 650K, with most transactions falling within a stable range of RM 525K to RM 1.04 million, and a typical market range of RM 540K to RM 760K.

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

The median PSF stands at RM 387, with core pricing between RM 322 and RM 452. Market pricing typically extends from RM 321.25 to RM 452.75, reflecting moderate variation in unit pricing. The spread of RM 131.50 (IQR) and deviation of RM 65 (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

12 properties grouped by size

1,550 sqft
4 units Double Storey Shop
RM 650,000
JALAN TAMAN MERDEKA PERMAI
1,539 sqft · RM 422.00 PSF
Nov 2022
RM 650,000
JLN MP (JENIS C)
1,539 sqft · RM 422.00 PSF
Nov 2022
RM 650,000
JALAN TAMAN MERDEKA PERMAI
1,539 sqft · RM 422.00 PSF
Jul 2022
RM 550,000
JALAN MP 11
1,539 sqft · RM 357.00 PSF
Jun 2022
1,750 sqft
3 units Double Storey Shop
RM 795,000
JALAN MERDEKA PERMAI 2
1,765 sqft · RM 450.00 PSF
Sep 2022
RM 525,000
JALAN MERDEKA PERMAI 10
1,765 sqft · RM 297.00 PSF
Feb 2022
RM 650,000
JALAN MP 1
1,765 sqft · RM 368.00 PSF
Jan 2022
1,800 sqft
1 units Double Storey Shop
RM 538,000
JALAN MP 15
1,787 sqft · RM 301.00 PSF
May 2022
2,000 sqft
1 units Double Storey Shop
RM 617,000
JALAN MP 3
1,991 sqft · RM 310.00 PSF
Aug 2022
2,050 sqft
1 units Double Storey Shop
RM 565,000
JALAN MP 3
2,034 sqft · RM 278.00 PSF
May 2022
3,550 sqft
1 units Double Storey Shop
RM 1,450,000
JALAN MERDEKA PERMAI 1
3,574 sqft · RM 406.00 PSF
Jan 2022
3,700 sqft
1 units Double Storey Shop
RM 1,800,000
JALAN MP 6
3,724 sqft · RM 483.00 PSF
Jan 2022