Jalan Tun Perak in Melaka Tengah, Melaka recorded 2 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM850K and a median price per square foot (PSF) of RM122.

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 RM850K, with most transactions falling within a stable range of RM700K to RM1.00 million, and a typical market range of RM700K to RM1.00 million.

Within the 4-Storey Shop category, 1 - 1 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM122, with core pricing between RM103 and RM140. Market pricing typically extends from RM14.65 to RM228.65, reflecting moderate variation in unit pricing. The spread of RM214.00 (IQR) and deviation of RM18 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.