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Melaka, Melaka Tengah, Bdr Melaka

NOVO 8 RESIDENCE

Area Intelligence
Median Price
RM 436,000
PSF: RM 487
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Residential PSF Trends

Median Price

RM 436,000

PSF: RM 487

NOVO 8 RESIDENCE in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, priced up to RM 500K, with a median price of RM 436K and a median price per square foot (PSF) of RM 487.

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 436K, with most transactions falling within a stable range of RM 381K to RM 491K, and a typical market range of RM 375K to RM 497K.

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

For price per square foot, the median is RM 487, with most transactions between RM 469 and RM 506. The usual range is RM 484.95 to RM 489.95, 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 19 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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NOVO 8 RESIDENCE, Melaka Tengah, Melaka

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Property Transactions

10 transactions grouped by size

Group by
Size List

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
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
1,150 sqft
Service Apartment
RM 499,000
Level 24
1,130 sqft · RM 442 PSF

No Properties For Sale

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

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