Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

2 subsales found · 3-Sty Shop →

Median
RM 1,135,000
PSF
RM 309
Price Size
RM 820,000
Jalan Melaka Raya 3
3,670 sqft RM 223 PSF
RM 1,450,000
Jalan Melaka Raya 1
3,670 sqft RM 395 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 1,135,000

RM 309 psf

Median transaction price

Low

Rental Yield Data

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Taman Melaka Raya
© OpenStreetMap · CARTO

Melaka Raya, 75000 Malacca, Malaysia

Maps

Taman Melaka Raya in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 3,625 and 3,674 sqft, with a median price of RM 1.14 million and a median price per square foot (PSF) of RM 309.

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 1.14 million, with most transactions falling within a stable range of RM 820K to RM 1.45 million, and a typical market range of RM 999K to RM 1.27 million.

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 309, though individual units vary from RM 223 to RM 395 in the core range. The broader market spans RM 240.22 to RM 378.22, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 86) 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.