NOVO 8 RESIDENCE

Area Intelligence
Median Price
RM 558,000
PSF: RM 491

Residential PSF Trends

Median Price

RM 558,000

PSF: RM 491

NOVO 8 RESIDENCE in Melaka Tengah, Melaka recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 558K 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 558K, with most transactions falling within a stable range of RM 512K to RM 604K, and a typical market range of RM 499K to RM 619K.

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 477 and RM 505. 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 14 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

20 transactions found

RM 555,000
Level 10
1,130 sqft RM 491.00 PSF
RM 500,000
Level 15
1,087 sqft RM 460.00 PSF
RM 499,000
Level 24
1,130 sqft RM 442.00 PSF
RM 644,000
Level 27
1,281 sqft RM 503.00 PSF
RM 631,000
Level 14
1,281 sqft RM 493.00 PSF
RM 625,000
Level 8
1,281 sqft RM 488.00 PSF
RM 554,000
Level 9
1,130 sqft RM 490.00 PSF
RM 553,000
Level 8
1,130 sqft RM 489.00 PSF
RM 552,000
Level 7
1,130 sqft RM 488.00 PSF
RM 639,000
Level 9
1,302 sqft RM 491.00 PSF
RM 555,000
Level 10
1,130 sqft RM 491.00 PSF
RM 561,000
Level 16
1,130 sqft RM 496.00 PSF
RM 559,000
Level 14
1,130 sqft RM 495.00 PSF
RM 557,000
Level 12
1,130 sqft RM 493.00 PSF
RM 572,000
Level 27
1,130 sqft RM 506.00 PSF
RM 626,000
Level 9
1,281 sqft RM 489.00 PSF
RM 630,000
Level 13
1,281 sqft RM 492.00 PSF
RM 531,000
Level 17
1,087 sqft RM 488.00 PSF
RM 532,000
Level 18
1,087 sqft RM 489.00 PSF
RM 632,000
Level 15
1,281 sqft RM 493.00 PSF

No Properties For Sale

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

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