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MALIM BUSINESS PARK (PLAZA PANDAN MALIM)

Melaka Tengah, Melaka · Commercial · 19 recorded sales, Nov 2021 to Feb 2026

Thinly traded · 1 sale in 12 months3 - 3 1/2 Storey Shop · 7Shop Unit/Retail Lot · 6Office Lot · 4
RM 189psf 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 143193 psf
Median price
RM 495,000
Price range
RM 200kRM 1.00m
Main floor area
2,8355,267 sq ft
Land area
1,2272,142 sq ft
Median price per sq ft of land
RM 401

Median of 9 sales that carry a usable area, out of 19 on record — NAPIC published no area for the other 10, so they have no psf. 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 1,421 sq ft against 4,092. 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

1 sale in the 12 months to Feb 2026. Last on record: 2 Feb 2026.

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 190 psf
20226 · RM 195 psf
20231
202410 · RM 143 psf
20261 · RM 193 psf

Quarterly medians · not a price trend

1251672092021 Q4 — RM 190 psf, 1 sale2022 Q1 — RM 189 psf, 1 sale2022 Q2 — RM 201 psf, 1 sale2022 Q4 — RM 196 psf, 2 sales2024 Q1 — RM 143 psf, 1 sale2024 Q3 — RM 133 psf, 2 sales2026 Q1 — RM 193 psf, 1 sale
2021 Q42026 Q1
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 124–133 psf — 1 saleRM 133–141 psf — 1 saleRM 141–150 psf — 2 salesRM 150–159 psf — 0 salesRM 159–167 psf — 0 salesRM 167–176 psf — 0 salesRM 176–185 psf — 0 salesRM 185–193 psf — 3 salesRM 193–202 psf — 1 saleRM 202–211 psf — 0 salesRM 211–219 psf — 0 salesRM 219–228 psf — 0 salesRM 228–237 psf — 0 salesRM 237–246 psf — 1 sale
RM 124RM 246 psf

Each bar counts sales in a RM 9 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 · 19 of 19

DateTypeFloorArea (sq ft)PricepsfTenure
2 Feb 20263 - 3 1/2 Storey Shop4,295RM 830,000193Leasehold
15 Nov 2024Shop Unit/Retail Lot1RM 495,000Leasehold
15 Nov 2024Shop Unit/Retail Lot1RM 495,000Leasehold
15 Nov 2024Shop Unit/Retail Lot1RM 495,000Leasehold
15 Nov 2024Shop Unit/Retail Lot1RM 495,000Leasehold
2 Nov 2024Shop Unit/Retail Lot1RM 500,000Leasehold
14 Aug 2024Office Lot1RM 430,000Leasehold
23 Jul 20243 - 3 1/2 Storey Shop4,489RM 650,000145Leasehold
19 Jul 20243 - 3 1/2 Storey Shop4,092RM 495,000121Leasehold
4 Mar 2024Office Lot2RM 230,000Leasehold
2 Feb 20243 - 3 1/2 Storey Shop3,900RM 558,000143Leasehold
28 Dec 2023Shop Unit/Retail Lot1RM 450,000Leasehold
16 Dec 20223 - 3 1/2 Storey Shop3,900RM 540,000139Leasehold
30 Nov 20222 - 2 1/2 Storey Shop2,835RM 720,000254Leasehold
27 Jun 2022Office Lot2RM 206,800Leasehold
10 May 2022Office Lot2RM 200,000Leasehold
18 Apr 20222 - 2 1/2 Storey Shop2,835RM 570,000201Leasehold
18 Mar 20223 - 3 1/2 Storey Shop4,334RM 820,000189Leasehold
3 Nov 20213 - 3 1/2 Storey Shop5,267RM 1,000,000190Leasehold

Others in Melaka Tengah · commercial

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.