LIST

Melaka, Melaka Tengah, Bdr Melaka

NOVO 8 RESIDENCE

Area Intelligence
2021
Median Price
RM 429,000
PSF: RM 489
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Residential PSF Trends

Median Price

RM 429,000

PSF: RM 489

NOVO 8 RESIDENCE in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 429K and a median price per square foot (PSF) of RM 489.

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 429K, with most transactions falling within a stable range of RM 425K to RM 436K, and a typical market range of RM 425K to RM 442K.

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

For price per square foot, the median is RM 489, with most transactions between RM 484 and RM 493. The usual range is RM 486.00 to RM 491.00, 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 4 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. Limited transaction history suggests carefully evaluating comparable sales data.

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NOVO 8 RESIDENCE, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

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
850 sqft
Service Apartment
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 442,000
Level 9
915 sqft · RM 483 PSF

No Properties For Sale

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

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