Malaysia property transaction data

1 - 1 1/2 Storey Shop Price in Melaka Tengah

Transaction-based market benchmarks for 1 - 1 1/2 Storey Shop properties in Melaka Tengah, Malaysia.

Median transacted priceRM 300,000
Median parcel PSFRM 175.41 / sq ft
Recorded transactions79
Median parcel area1,539 sq ft

1 - 1 1/2 Storey Shop market in Melaka Tengah

PropMedian currently has 79 matching transaction records for this district and property type.

The median transacted price is RM 300,000. Median price represents the middle transaction price after qualifying transactions are ordered from lowest to highest.

For transactions with usable parcel-area data, the median parcel price per square foot is RM 175.41 / sq ft. This is calculated from transaction-level PSF values, rather than dividing the overall median price by the overall median area.

How to use this data

These figures provide a transaction-based benchmark for the selected property market. They can help buyers, sellers and property professionals compare an asking price with historical transactions.

Individual properties can differ because of land size, built-up area, tenure, condition, exact location, renovation and other characteristics. The market median therefore should not be interpreted as the valuation of a specific property.

PropMedian provides historical property market information and analytical benchmarks. It is not a formal property valuation.