TAMAN MELAKA RAYA

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, priced between RM 500K and RM 750K, with a median price of RM 620K and a median price per square foot (PSF) of RM 199.

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 620K, with most transactions falling within a stable range of RM 538K to RM 702K, and a typical market range of RM 500K to RM 750K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 199, though individual units vary from RM 135 to RM 262 in the core range. The broader market spans RM 129.58 to RM 267.58, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 64) indicate significant PSF variations, likely due to diverse property types or conditions.

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.