TAMAN MELAKA RAYA

Area Intelligence
2023
Median Price
RM 772,500
PSF: RM 506

Commercial PSF Trends

Median Price

RM 772,500

RM 506 PSF

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 773K and a median price per square foot (PSF) of RM 506.

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 773K, with most transactions falling within a stable range of RM 740K to RM 500K, and a typical market range of RM 633K to RM 500K.

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

The median PSF stands at RM 506, with core pricing between RM 434 and RM 578. Market pricing typically extends from RM 437.00 to RM 575.00, reflecting moderate variation in unit pricing. With an IQR of RM 138.00 and MAD of RM 72, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

TAMAN MELAKA RAYA, Melaka Tengah, Melaka

OSM

Track location

Transactions

4 transactions grouped by size

1,000 sqft
3-Storey Shop
RM 500,000
JALAN MELAKA RAYA 29
1,001 sqft · RM 499 PSF
RM 425,000
JALAN MELAKA RAYA 25
1,001 sqft · RM 425 PSF
1,400 sqft
3-Storey Shop
RM 450,000
JALAN MELAKA RAYA
1,389 sqft · RM 324 PSF
1,500 sqft
Double Storey Shop
RM 500,000
JALAN MR 10
1,496 sqft · RM 334 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access