| 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 23
|
RM 585,000
|
RM 182
|
3,218 sqft
|
|
|
|
Jalan Melaka Raya 23
|
RM 600,000
|
RM 186
|
3,218 sqft
|
|
|
|
Jalan Melaka Raya 8
|
RM 830,000
|
RM 258
|
3,218 sqft
|
|
|
|
Taman Melaka Raya
|
RM 700,000
|
RM 217
|
3,218 sqft
|
|
|
|
Jalan Melaka Raya 8
|
RM 970,000
|
RM 301
|
3,218 sqft
|
|
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Market Snapshot
CommercialRM 725,000
RM 225 psfMedian transaction price
Melaka Raya, 75000 Malacca, Malaysia
MapsTaman Melaka Raya in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM 725K and a median price per square foot (PSF) of RM 225.
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 725K, with most transactions falling within a stable range of RM 602K to RM 848K, and a typical market range of RM 589K to RM 861K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 225, with core pricing between RM 187 and RM 263. Market pricing typically extends from RM 156.25 to RM 294.25, reflecting moderate variation in unit pricing. The spread of RM 138.00 (IQR) and deviation of RM 38 (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.