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BUSINESS PARK @ MITC

Melaka Tengah, Melaka · Commercial · 9 recorded sales, Apr 2021 to Jul 2024

No sale recorded since Jul 20242 - 2 1/2 Storey Shop · 83 - 3 1/2 Storey Shop · 1
RM 203psf median, against main floor area · 9 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 170 – 207 psf
Median price
RM 560,000
Price range
RM 445k – RM 2.10m
Main floor area
2,708 – 7,777 sq ft
Land area
1,399 – 2,906 sq ft
Median price per sq ft of land
RM 388

Median of 9 sales that carry a usable area, out of 9 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,432 sq ft against 2,709. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Jul 2024. Last on record: 16 Jul 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20211 · RM 203 psf
20222 · RM 181 psf
20234 · RM 189 psf
20242 · RM 217 psf

Quarterly medians · not a price trend

1362102842021 Q2 — RM 203 psf, 1 sale2022 Q1 — RM 212 psf, 1 sale2022 Q4 — RM 150 psf, 1 sale2023 Q1 — RM 207 psf, 2 sales2023 Q2 — RM 171 psf, 1 sale2023 Q3 — RM 170 psf, 1 sale2024 Q2 — RM 164 psf, 1 sale2024 Q3 — RM 270 psf, 1 sale
2021 Q22024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Melaka long or clean enough to state a direction, so this page states none.

Distribution · 9 priced sales

RM 152–160 psf — 1 saleRM 160–168 psf — 1 saleRM 168–176 psf — 2 salesRM 176–183 psf — 0 salesRM 183–191 psf — 0 salesRM 191–199 psf — 0 salesRM 199–207 psf — 1 saleRM 207–214 psf — 3 salesRM 214–222 psf — 0 salesRM 222–230 psf — 0 salesRM 230–238 psf — 0 salesRM 238–245 psf — 0 salesRM 245–253 psf — 0 salesRM 253–261 psf — 1 sale
RM 152RM 261 psf

Each bar counts sales in a RM 8 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 9 of 9

DateTypeArea (sq ft)PricepsfTenure
16 Jul 20243 - 3 1/2 Storey Shop7,777RM 2,100,000270Leasehold
26 Apr 20242 - 2 1/2 Storey Shop2,709RM 445,000164Leasehold
7 Aug 20232 - 2 1/2 Storey Shop2,709RM 460,800170Leasehold
15 May 20232 - 2 1/2 Storey Shop2,709RM 463,500171Leasehold
16 Mar 20232 - 2 1/2 Storey Shop2,708RM 560,000207Leasehold
16 Mar 20232 - 2 1/2 Storey Shop2,708RM 560,000207Leasehold
28 Oct 20222 - 2 1/2 Storey Shop4,434RM 665,000150Leasehold
3 Jan 20222 - 2 1/2 Storey Shop2,708RM 575,000212Leasehold
22 Apr 20212 - 2 1/2 Storey Shop3,843RM 780,000203Leasehold

Others in Melaka Tengah · commercial

TMN BERTAM IMPIAN
RM 244 psf · 96 sales
MALIM BUSINESS CENTRE (T.MERDEKA PERMAI)
RM 262 psf · 44 sales
TMN MELAKA RAYA
RM 206 psf · 40 sales
TMN CHENG BARU
RM 268 psf · 40 sales
TMN KOTA LAKSAMANA JAYA
RM 376 psf · 38 sales
MALIM BUSINESS PARK (PLAZA PANDAN MALIM)
RM 189 psf · 19 sales
TAMAN PAYA BARU
RM 306 psf · 18 sales
PLAZA MAHKOTA
RM 188 psf · 17 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.