Area Intelligence

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)

34 properties
Double Storey Shop
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Median Price
RM 687,500
PSF: RM 409

Commercial Market

Median Price

RM 687,500

IQR: RM 132
MAD: RM 69
RM 409 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MALIM BUSINESS CENTRE (T.MERDEKA PERMAI) in Melaka Tengah, Melaka recorded 34 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 688K and a median price per square foot (PSF) of RM 409.

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 688K, with most transactions falling within a stable range of RM 525K to RM 955K, and a typical market range of RM 577K to RM 798K.

Within the Double 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 409, with core pricing between RM 341 and RM 476. Market pricing typically extends from RM 342.75 to RM 474.25, reflecting moderate variation in unit pricing. The spread of RM 131.50 (IQR) and deviation of RM 68 (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. 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

34 properties grouped by size

1,550 sqft
9 units (showing 6) Double Storey Shop
RM 680,000
JLN MP 12
1,539 sqft · RM 442.00 PSF
Feb 2024
RM 633,000
JALAN MP 16
1,539 sqft · RM 411.00 PSF
Nov 2023
RM 695,000
JALAN MALIM JAYA
1,539 sqft · RM 452.00 PSF
Jul 2023
RM 695,000
MERDEKA PERMAI 19
1,539 sqft · RM 452.00 PSF
Jul 2023
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
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
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
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