LIST

Melaka, Melaka Tengah, Bdr Melaka

TAMAN MELAKA RAYA

Area Intelligence
2023
Median Price
RM 772,500
PSF: RM 506
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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 574K to RM 940K, and a typical market range of RM 633K to RM 913K.

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 506, though individual units vary from RM 387 to RM 625 in the core range. The broader market spans RM 437.00 to RM 575.00, indicating diverse property characteristics. The spread of RM 138.00 (IQR) and deviation of RM 119 (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.

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TAMAN MELAKA RAYA, Melaka Tengah, Melaka

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Transactions

10 transactions grouped by size

View Type

Grouped View Individual View

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
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 855,000
JALAN MELAKA RAYA 4
1,399 sqft · RM 611 PSF
RM 450,000
JALAN MELAKA RAYA
1,389 sqft · RM 324 PSF
RM 940,000
JALAN MLK RAYA
1,399 sqft · RM 672 PSF
RM 940,000
JALAN SYED ABDUL AZIZ
1,399 sqft · RM 672 PSF
1,500 sqft
RM 500,000
JALAN MR 10
1,496 sqft · RM 334 PSF
RM 850,000
TAMAN MELAKA RAYA
1,496 sqft · RM 568 PSF
1,550 sqft
3-Storey Shop
RM 725,000
MELAKA RAYA 25
1,572 sqft · RM 461 PSF
1,600 sqft
3-Storey Shop
RM 820,000
JALAN MELAKA RAYA 3
1,600 sqft · RM 513 PSF

No Properties For Sale

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

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