PERINDUSTRIAN MERDEKA

PERINDUSTRIAN MERDEKA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 570K and a median price per square foot (PSF) of RM 150.

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 570K, with most transactions falling within a stable range of RM 534K to RM 583K, and a typical market range of RM 530K to RM 583K.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 150, with most transactions between RM 140 and RM 160. The usual range is RM 141.00 to RM 159.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.