LIST

Melaka, Melaka Tengah, Bdr Melaka

TAMAN MELAKA RAYA

Area Intelligence
2023
Median Price
RM 835,000
PSF: RM 215
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Commercial PSF Trends

Median Price

RM 835,000

RM 215 PSF

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 835K and a median price per square foot (PSF) of RM 215.

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 835K, with most transactions falling within a stable range of RM 669K to RM 940K, and a typical market range of RM 695K to RM 940K.

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

The median PSF stands at RM 215, with core pricing between RM 188 and RM 243. Market pricing typically extends from RM 146.40 to RM 284.40, reflecting moderate variation in unit pricing. With an IQR of RM 138.00 and MAD of RM 27, 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.

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TAMAN MELAKA RAYA, Melaka Tengah, Melaka

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Property Transactions

8 transactions grouped by size

Group by
Size Road Type List

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
2,700 sqft
Double Storey Shop
RM 500,000
JALAN MR 10
2,680 sqft · RM 187 PSF
2,850 sqft
3-Storey Shop
RM 500,000
JALAN MELAKA RAYA 29
2,863 sqft · RM 175 PSF
RM 725,000
MELAKA RAYA 25
2,863 sqft · RM 253 PSF
3,650 sqft
3-Storey Shop
RM 820,000
JALAN MELAKA RAYA 3
3,670 sqft · RM 223 PSF
3,700 sqft
3-Storey Shop
RM 940,000
JALAN MLK RAYA
3,681 sqft · RM 255 PSF
4,050 sqft
3-Storey Shop
RM 940,000
JALAN SYED ABDUL AZIZ
4,058 sqft · RM 232 PSF
4,100 sqft
3-Storey Shop
RM 855,000
JALAN MELAKA RAYA 4
4,123 sqft · RM 207 PSF
RM 850,000
TAMAN MELAKA RAYA
4,123 sqft · RM 206 PSF

No Properties For Sale

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

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