MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)
Commercial Market
Median Price
RM 707,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
34 properties
Median Price
RM 706,000
-0.8% CAGR
Median PSF
RM 414.50
+7.3% CAGR
Single Storey Shop
3 properties
Median Price
RM 427,000
+13.5% CAGR
Median PSF
RM 244.50
+52.1% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 690,000
Median PSF
RM 347.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 34 |
RM 706,000
±11K MAD
|
-0.75% |
RM 414.50
±29 MAD
|
+7.33% | |
| Single Storey Shop | 3 |
RM 427,000
±27K MAD
|
+13.50% |
RM 244.50
±51 MAD
|
+52.06% | |
| 3-Storey Storey Shop | 1 |
RM 690,000
|
- |
RM 347.00
|
- |
MALIM BUSINESS CENTRE (T.MERDEKA PERMAI) in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 708K and a median price per square foot (PSF) of RM 428.
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 708K, with most transactions falling within a stable range of RM 552K to RM 863K, and a typical market range of RM 597K to RM 818K.
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 428, though individual units vary from RM 342 to RM 514 in the core range. The broader market spans RM 362.25 to RM 493.75, indicating diverse property characteristics. The spread of RM 131.50 (IQR) and deviation of RM 86 (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.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN MP 16
|
RM 633,000
|
RM 411.00
|
1,539 sqft
|
Nov 2023
|
|
|
JALAN MALIM JAYA
|
RM 695,000
|
RM 452.00
|
1,539 sqft
|
Jul 2023
|
|
|
MERDEKA PERMAI 19
|
RM 695,000
|
RM 452.00
|
1,539 sqft
|
Jul 2023
|
|
JALAN MP 3
|
RM 790,000
|
RM 448.00
|
1,765 sqft
|
Nov 2023
|
|
|
JALAN MP 10
|
RM 850,000
|
RM 482.00
|
1,765 sqft
|
Oct 2023
|
|
|
JALAN MP 2
|
RM 785,000
|
RM 445.00
|
1,765 sqft
|
Jun 2023
|
|
|
JLN MP 2
|
RM 830,000
|
RM 470.00
|
1,765 sqft
|
Jan 2023
|
|
|
JLN MP 6
|
RM 680,000
|
RM 385.00
|
1,765 sqft
|
Jan 2023
|
|
JLN MP 16
|
RM 550,000
|
RM 287.00
|
1,916 sqft
|
Feb 2023
|
|
JLN MP 14
|
RM 400,000
|
RM 194.00
|
2,067 sqft
|
Mar 2023
|
|
JALAN MP 12
|
RM 720,000
|
RM 331.00
|
2,174 sqft
|
Aug 2023
|
|
JALAN MP 16
|
RM 1,050,000
|
RM 307.00
|
3,423 sqft
|
Feb 2023
|