TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 463K and a median price per square foot (PSF) of RM 157.
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 463K, with most transactions falling within a stable range of RM 313K to RM 613K, and a typical market range of RM 323K to RM 603K.
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 157, though individual units vary from RM 83 to RM 231 in the core range. The broader market spans RM 88.17 to RM 226.17, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 74) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
