LIST

Melaka, Melaka Tengah, Bdr Melaka

NOVO 8 RESIDENCE

Area Intelligence
2022
Median Price
RM 559,000
PSF: RM 491
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Residential PSF Trends

Median Price

RM 559,000

PSF: RM 491

NOVO 8 RESIDENCE in Melaka Tengah, Melaka recorded 13 subsale transactions in 2022, with a median price of RM 559K 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 559K, with most transactions falling within a stable range of RM 517K to RM 601K, and a typical market range of RM 499K to RM 620K.

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 476 and RM 506. 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 15 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

OSM

Track location

Transactions

13 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
1,150 sqft
Service Apartment
RM 499,000
Level 24
1,130 sqft · RM 442 PSF
RM 552,000
Level 7
1,130 sqft · RM 488 PSF
RM 553,000
Level 8
1,130 sqft · RM 489 PSF
RM 554,000
Level 9
1,130 sqft · RM 490 PSF
RM 555,000
Level 10
1,130 sqft · RM 491 PSF
RM 559,000
Level 14
1,130 sqft · RM 495 PSF
View 3 more transactions
1,300 sqft
Service Apartment
RM 625,000
Level 8
1,281 sqft · RM 488 PSF
RM 631,000
Level 14
1,281 sqft · RM 493 PSF
RM 644,000
Level 27
1,281 sqft · RM 503 PSF
RM 639,000
Level 9
1,302 sqft · RM 491 PSF

No Properties For Sale

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

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