TAMAN MELAKA RAYA

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 680K and a median price per square foot (PSF) of RM 417.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 530K to RM 830K, and a typical market range of RM 523K to RM 838K.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 417, with core pricing between RM 347 and RM 487. Market pricing typically extends from RM 342.75 to RM 491.25, reflecting moderate variation in unit pricing. The spread of RM 148.50 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.