Wang Plaza

Balai Panjang, Malacca, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM430,000
PSF
RM124
Period
transactions middle 50% (P25–P75)
3,450 sqft
3-Sty Shop
RM350,000
Jalan Ppb 2
3,466 sqft · RM101 PSF
RM430,000
11-1 & 11-2
3,466 sqft · RM124 PSF
RM430,000
Jalan Ppb 2
3,466 sqft · RM124 PSF
4,350 sqft
3-Sty Shop
RM550,000
Jalan Ppb 3
4,359 sqft · RM126 PSF
6,150 sqft
3-Sty Shop
RM600,000
Jalan Ppb 2
6,168 sqft · RM97 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM430,000

RM279 psf

Median transaction price

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Balai Panjang, Malacca, Malaysia

Maps

Wang Plaza in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM430K and a median price per square foot (PSF) of RM124.

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 RM430K, with most transactions falling within a stable range of RM350K to RM510K, and a typical market range of RM370K to RM490K.

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

For price per square foot, the median is RM124, with most transactions between RM116 and RM132. The usual range is RM110.56 to RM137.56, showing that most units are priced quite close to each other. A typical spread (IQR) of RM27.00 and an average deviation (MAD) of RM8 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.