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PRIME SQUARE

Melaka Tengah, Melaka · Commercial · 6 recorded sales, Jan 2021 to Jul 2024

No sale recorded since Jul 20243 - 3 1/2 Storey Shop · 5Office Lot · 1
RM 401psf median, against main floor area · 5 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 378401 psf
Median price
RM 1,251,925
Price range
RM 250kRM 1.39m
Main floor area
3,2133,213 sq ft
Land area
1,3461,539 sq ft
Median price per sq ft of land
RM 813

Median of 5 sales that carry a usable area, out of 6 on record — NAPIC published no area for the other 1, 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 1,539 sq ft against 3,213. 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: 17 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.

20212 · RM 417 psf
20221 · RM 378 psf
20231
20242 · RM 338 psf

Quarterly medians · not a price trend

2553534512021 Q1 — RM 432 psf, 1 sale2021 Q3 — RM 401 psf, 1 sale2022 Q2 — RM 378 psf, 1 sale2024 Q2 — RM 274 psf, 1 sale2024 Q3 — RM 401 psf, 1 sale
2021 Q12024 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 · 5 priced sales

RM 282–293 psf — 1 saleRM 293–303 psf — 0 salesRM 303–314 psf — 0 salesRM 314–324 psf — 0 salesRM 324–335 psf — 0 salesRM 335–346 psf — 0 salesRM 346–356 psf — 0 salesRM 356–367 psf — 0 salesRM 367–377 psf — 0 salesRM 377–388 psf — 1 saleRM 388–398 psf — 0 salesRM 398–409 psf — 2 salesRM 409–419 psf — 0 salesRM 419–430 psf — 1 sale
RM 282RM 430 psf

Each bar counts sales in a RM 11 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 · 6 of 6

DateTypeFloorArea (sq ft)PricepsfTenure
17 Jul 20243 - 3 1/2 Storey Shop3,213RM 1,288,800401Leasehold
21 Jun 20243 - 3 1/2 Storey Shop3,213RM 880,000274Leasehold
16 Mar 2023Office Lot1RM 250,000Leasehold
19 May 20223 - 3 1/2 Storey Shop3,213RM 1,215,849378Leasehold
27 Sep 20213 - 3 1/2 Storey Shop3,213RM 1,288,000401Leasehold
6 Jan 20213 - 3 1/2 Storey Shop3,213RM 1,388,800432Leasehold

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.