Area Intelligence

PLAZA SG UDANG

3 properties
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Median Price
RM 744,000
PSF: RM 520

Commercial Market

Median Price

RM 744,000

IQR: RM 18
MAD: RM 4
RM 520 PSF 3.1%

PSF Trends (2021-2025)

PLAZA SG UDANG in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 744K and a median price per square foot (PSF) of RM 520.

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 744K, with most transactions falling within a stable range of RM 738K to RM 750K, and a typical market range of RM 732K to RM 750K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 520, with most transactions between RM 516 and RM 524. The usual range is RM 511.25 to RM 528.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 4 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.

Area Location

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PLAZA SG UDANG, Melaka Tengah, Melaka

OSM

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Transactions

3 properties grouped by size

1,450 sqft
3 units 3-Storey Storey Shop
RM 750,000
JALAN PSU 2
1,432 sqft · RM 524.00 PSF
Jan 2025
RM 744,000
JALAN PSU 2
1,432 sqft · RM 520.00 PSF
Sep 2024
RM 700,000
JALAN PSU 2
1,432 sqft · RM 489.00 PSF
Jan 2022