TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2025, priced up to RM 500K and sized between 3,000 and 5,000 sqft, with a median price of RM 450K and a median price per square foot (PSF) of RM 117.
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 450K, with most transactions falling within a stable range of RM 300K to RM 600K, and a typical market range of RM 310K to RM 590K.
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 117, though individual units vary from RM 43 to RM 191 in the core range. The broader market spans RM 47.78 to RM 185.78, 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.
