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Melaka, Melaka Tengah, Bdr Melaka

NOVO 8 RESIDENCE

Area Intelligence
Median Price
RM 553,000
PSF: RM 491
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Residential PSF Trends

Median Price

RM 553,000

PSF: RM 491

NOVO 8 RESIDENCE in Melaka Tengah, Melaka recorded 29 subsale transactions between 2021 and 2025, with a median price of RM 553K and a median price per square foot (PSF) of RM 491.

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 553K, with most transactions falling within a stable range of RM 481K to RM 625K, and a typical market range of RM 492K to RM 614K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 491, with most transactions between RM 488 and RM 494. The usual range is RM 488.50 to RM 493.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

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NOVO 8 RESIDENCE, Melaka Tengah, Melaka

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Transactions

29 transactions grouped by size

View Type

Grouped View Individual View
500 sqft
Service Apartment
RM 539,000
Level 25
517 sqft · RM 1,043 PSF
600 sqft
Service Apartment
RM 287,000
Level 24
624 sqft · RM 460 PSF
850 sqft
Service Apartment
RM 441,000
Level 23
872 sqft · RM 506 PSF
RM 425,000
Level 25
872 sqft · RM 487 PSF
RM 425,000
Level 7
872 sqft · RM 487 PSF
RM 431,000
Level 13
872 sqft · RM 494 PSF
RM 427,000
Level 9
872 sqft · RM 490 PSF
900 sqft
Service Apartment
RM 450,000
Level 7
915 sqft · RM 492 PSF
RM 442,000
Level 9
915 sqft · RM 483 PSF
1,100 sqft
Service Apartment
RM 500,000
Level 15
1,087 sqft · RM 460 PSF
RM 531,000
Level 17
1,087 sqft · RM 488 PSF
RM 532,000
Level 18
1,087 sqft · RM 489 PSF
1,150 sqft
Service Apartment
RM 555,000
Level 10
1,130 sqft · RM 491 PSF
RM 499,000
Level 24
1,130 sqft · RM 442 PSF
RM 554,000
Level 9
1,130 sqft · RM 490 PSF
RM 553,000
Level 8
1,130 sqft · RM 489 PSF
RM 552,000
Level 7
1,130 sqft · RM 488 PSF
RM 555,000
Level 10
1,130 sqft · RM 491 PSF
View 4 more transactions
1,300 sqft
Service Apartment
RM 644,000
Level 27
1,281 sqft · RM 503 PSF
RM 631,000
Level 14
1,281 sqft · RM 493 PSF
RM 625,000
Level 8
1,281 sqft · RM 488 PSF
RM 639,000
Level 9
1,302 sqft · RM 491 PSF
RM 626,000
Level 9
1,281 sqft · RM 489 PSF
RM 630,000
Level 13
1,281 sqft · RM 492 PSF
RM 632,000
Level 15
1,281 sqft · RM 493 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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