Area Intelligence

STRAITS COURTYARD

8 properties
Detached
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Median Price
RM 3,800,000
PSF: RM 584

Residential Market

Median Price

RM 3,800,000

IQR: RM 135
MAD: RM 38
RM 584 PSF 27.1%

PSF Trends (2021-2025)

STRAITS COURTYARD in Melaka Tengah, Melaka recorded 8 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 3.80 million and a median price per square foot (PSF) of RM 584.

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 3.80 million, with most transactions falling within a stable range of RM 3.50 million to RM 4.58 million, and a typical market range of RM 3.50 million to RM 4.38 million.

Within the Detached category, detached dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 584, though individual units vary from RM 425 to RM 743 in the core range. The broader market spans RM 516.63 to RM 651.38, indicating diverse property characteristics. A wider spread (IQR: RM 134.75) and deviation (MAD: RM 159) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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STRAITS COURTYARD, Melaka Tengah, Melaka

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Transactions

8 properties grouped by size

6,000 sqft
4 units Detached
RM 5,450,000
JLN SCKS 2
5,996 sqft · RM 909.00 PSF
Feb 2024
RM 5,450,000
JLN SCKS 2
5,996 sqft · RM 909.00 PSF
Feb 2024
RM 3,500,000
JLN SCKS 4
5,996 sqft · RM 584.00 PSF
Feb 2023
RM 3,500,000
JLN SCKS 4
5,996 sqft · RM 584.00 PSF
Nov 2022
6,900 sqft
1 units Detached
RM 3,800,000
JLN SCKS 2
6,889 sqft · RM 552.00 PSF
Nov 2023
7,000 sqft
1 units Detached
RM 3,800,000
JLN SCKS 2
7,018 sqft · RM 541.00 PSF
Dec 2022
7,400 sqft
1 units Detached
RM 4,500,000
JLN SCKS 3
7,395 sqft · RM 609.00 PSF
Jan 2024
7,850 sqft
1 units Detached
RM 3,600,000
JLN SCKS 5
7,847 sqft · RM 459.00 PSF
May 2023