LIST

Melaka, Melaka Tengah, Bdr Melaka

TAMAN MELAKA RAYA

Area Intelligence
2021
Median Price
RM 1,125,000
PSF: RM 700
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Commercial PSF Trends

Median Price

RM 1,125,000

RM 700 PSF

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 700.

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 1.13 million, with most transactions falling within a stable range of RM 655K to RM 1.59 million, and a typical market range of RM 985K to RM 1.27 million.

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 700, though individual units vary from RM 507 to RM 893 in the core range. The broader market spans RM 631.00 to RM 769.00, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 193) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELAKA RAYA, Melaka Tengah, Melaka

OSM

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Transactions

4 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 475,000
JALAN MR 25
1,001 sqft · RM 475 PSF
1,500 sqft
Double Storey Shop
RM 800,000
JALAN MR 10
1,496 sqft · RM 535 PSF
1,600 sqft
3-Storey Shop
RM 1,450,000
JALAN MELAKA RAYA 1
1,593 sqft · RM 910 PSF
1,900 sqft
3-Storey Shop
RM 1,630,000
JALAN MERDEKA
1,884 sqft · RM 865 PSF

No Properties For Sale

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

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