Prime Square

Malacca, Malaysia

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Malacca, Malaysia

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Prime Square in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, with a median price of RM1.25 million and a median price per square foot (PSF) of RM814.

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 RM1.25 million, with most transactions falling within a stable range of RM1.17 million to RM1.34 million, and a typical market range of RM1.09 million to RM1.41 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM814, with most transactions between RM758 and RM870. The usual range is RM708.25 to RM918.75, showing that most units are priced quite close to each other. With an IQR of RM210.50 and MAD of RM56, the PSF demonstrates reasonable consistency across the market.

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.