Malaysia property transaction data

Shop Unit/Retail Lot Price in Melaka Tengah

Transaction-based market benchmarks for Shop Unit/Retail Lot properties in Melaka Tengah, Malaysia.

Median transacted priceRM 312,500
Median parcel PSFRM 243.13 / sq ft
Recorded transactions126
Median parcel area1,270 sq ft

Shop Unit/Retail Lot market in Melaka Tengah

PropMedian currently has 126 matching transaction records for this district and property type.

The median transacted price is RM 312,500. 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 243.13 / 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.