Area Intelligence

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)

3 properties
Single Storey Shop
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Median Price
RM 439,000
PSF: RM 285

Commercial Market

Median Price

RM 439,000

IQR: RM 132
MAD: RM 69
RM 285 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI) in Melaka Tengah, Melaka recorded 3 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 439K and a median price per square foot (PSF) of RM 285.

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 439K, with most transactions falling within a stable range of RM 411K to RM 467K, and a typical market range of RM 400K to RM 469K.

Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 285, with core pricing between RM 237 and RM 333. Market pricing typically extends from RM 219.25 to RM 350.75, reflecting moderate variation in unit pricing. The spread of RM 131.50 (IQR) and deviation of RM 48 (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

3 properties grouped by size

1,550 sqft
2 units Single Storey Shop
RM 469,000
JLN MP 14
1,539 sqft · RM 305.00 PSF
Aug 2024
RM 439,000
JLN MP 14
1,539 sqft · RM 285.00 PSF
Apr 2024
2,050 sqft
1 units Single Storey Shop
RM 400,000
JLN MP 14
2,067 sqft · RM 194.00 PSF
Mar 2023