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Market Snapshot
ResidentialRM 235,000
RM 232 psfMedian transaction price
No. B19, Casa Logo Condo, Condominium Melaka Raya, 2, Jalan Melaka Raya 8, Taman Melaka Raya, 75000 Melaka, Malaysia
MapsCondominium Melaka Raya in Melaka Tengah, Melaka recorded 0 subsale transactions in 2026, with a median price of RM 235K and a median price per square foot (PSF) of RM 232.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 235K, with most transactions falling within a stable range of RM 198K to RM 272K, and a typical market range of RM 209K to RM 261K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 232, with most transactions between RM 214 and RM 250. The usual range is RM 205.50 to RM 258.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 18, 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.