TAMAN MELAKA RAYA

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 24 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 680K and a median price per square foot (PSF) of RM 487.

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 680K, with most transactions falling within a stable range of RM 375K to RM 985K, and a typical market range of RM 540K to RM 820K.

Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 487, though individual units vary from RM 335 to RM 639 in the core range. The broader market spans RM 418.00 to RM 556.00, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 152) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.