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Melaka, Melaka Tengah, Bdr Melaka

NOVO 8 RESIDENCE

Area Intelligence
Median Price
RM 553,500
PSF: RM 491
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Residential PSF Trends

Median Price

RM 553,500

PSF: RM 491

NOVO 8 RESIDENCE in Melaka Tengah, Melaka recorded 28 subsale transactions between 2021 and 2025, priced between RM 300K and RM 750K, with a median price of RM 554K 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 554K, with most transactions falling within a stable range of RM 482K to RM 626K, and a typical market range of RM 493K to RM 615K.

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

Price per square foot shows a median of RM 491, though individual units vary from RM 387 to RM 594 in the core range. The broader market spans RM 488.34 to RM 493.34, indicating diverse property characteristics. The spread of RM 5.00 (IQR) and deviation of RM 104 (MAD) suggest moderate price variations reflecting different property features.

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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Property Transactions

28 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
500 sqft
Service Apartment
RM 539,000
Level 25
517 sqft · RM 1,043 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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