| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merdeka
|
RM 750,000
|
RM 233
|
3,218 sqft
|
|
|
|
6A & 6B, Jalan Melaka Raya 15
|
RM 660,000
|
RM 205
|
3,218 sqft
|
|
|
|
37-A & 37-B, Jl N Melaka Raya 8
|
RM 830,000
|
RM 258
|
3,218 sqft
|
|
|
Jalan Melaka Raya 28
|
RM 640,000
|
RM 168
|
3,800 sqft
|
|
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Market Snapshot
CommercialRM 705,000
RM 219 psfMedian transaction price
Melaka Raya, 75000 Malacca, Malaysia
MapsTaman Melaka Raya in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 705K and a median price per square foot (PSF) of RM 219.
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 705K, with most transactions falling within a stable range of RM 640K to RM 781K, and a typical market range of RM 640K to RM 830K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 219, with core pricing between RM 186 and RM 252. Market pricing typically extends from RM 150.04 to RM 288.04, reflecting moderate variation in unit pricing. The spread of RM 138.00 (IQR) and deviation of RM 33 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.