| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 25
|
RM 539,000
|
RM 1,043
|
517 sqft
|
|
|
Level 23
|
RM 441,000
|
RM 506
|
872 sqft
|
|
|
|
Level 25
|
RM 425,000
|
RM 487
|
872 sqft
|
|
|
Level 10
|
RM 555,000
|
RM 491
|
1,130 sqft
|
|
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Jalan Kampung Lapan, Taman Kenanga, 75250 Melaka, Malaysia
MapsNovo 8 Residence in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 446K 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 446K, with most transactions falling within a stable range of RM 358K to RM 533K, and a typical market range of RM 385K to RM 507K.
Most transactions involved serviced apartment, with minimal variety in property types.
Price per square foot shows a median of RM 491, though individual units vary from RM 284 to RM 699 in the core range. The broader market spans RM 488.95 to RM 493.95, indicating diverse property characteristics. A wider spread (IQR: RM 5.00) and deviation (MAD: RM 208) indicate significant PSF variations, likely due to diverse property types or conditions.
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.