Novo 8 Residence

Jalan Kampung Lapan, Taman Kenanga, 75250 Melaka, Malaysia

Property Transactions

29 subsales grouped by size

Median
RM553,000
PSF
RM491
Period
transactions middle 50% (P25–P75)
500 sqft
Serviced Apt
RM539,000
Level 25
517 sqft · RM1,043 PSF
600 sqft
Serviced Apt
RM287,000
Level 24
624 sqft · RM460 PSF
850 sqft
Serviced Apt
RM441,000
Level 23
872 sqft · RM506 PSF
RM425,000
Level 25
872 sqft · RM487 PSF
RM425,000
Level 7
872 sqft · RM487 PSF
RM431,000
Level 13
872 sqft · RM494 PSF
RM427,000
Level 9
872 sqft · RM490 PSF
900 sqft
Serviced Apt
RM450,000
Level 7
915 sqft · RM492 PSF
RM442,000
Level 9
915 sqft · RM483 PSF
1,100 sqft
Serviced Apt
RM500,000
Level 15
1,087 sqft · RM460 PSF
RM531,000
Level 17
1,087 sqft · RM488 PSF
RM532,000
Level 18
1,087 sqft · RM489 PSF
1,150 sqft
Serviced Apt
RM555,000
Level 10
1,130 sqft · RM491 PSF
RM499,000
Level 24
1,130 sqft · RM442 PSF
RM554,000
Level 9
1,130 sqft · RM490 PSF
RM553,000
Level 8
1,130 sqft · RM489 PSF
RM552,000
Level 7
1,130 sqft · RM488 PSF
RM555,000
Level 10
1,130 sqft · RM491 PSF
+4 more
1,300 sqft
Serviced Apt
RM644,000
Level 27
1,281 sqft · RM503 PSF
RM631,000
Level 14
1,281 sqft · RM493 PSF
RM625,000
Level 8
1,281 sqft · RM488 PSF
RM639,000
Level 9
1,302 sqft · RM491 PSF
RM626,000
Level 9
1,281 sqft · RM489 PSF
RM630,000
Level 13
1,281 sqft · RM492 PSF
RM632,000
Level 15
1,281 sqft · RM493 PSF
Legend Recent Highest Price Highest PSF

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Novo 8 Residence
© OpenStreetMap · CARTO

Jalan Kampung Lapan, Taman Kenanga, 75250 Melaka, Malaysia

Maps

Novo 8 Residence in Melaka Tengah, Melaka recorded 29 subsale transactions between 2021 and 2026, with a median price of RM553K and a median price per square foot (PSF) of RM491.

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 RM553K, with most transactions falling within a stable range of RM481K to RM625K, and a typical market range of RM492K to RM614K.

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

For price per square foot, the median is RM491, with most transactions between RM488 and RM494. The usual range is RM488.12 to RM493.12, showing that most units are priced quite close to each other. A typical spread (IQR) of RM5.00 and an average deviation (MAD) of RM3 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.