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Melaka, Melaka Tengah, Bdr Melaka

TAMAN MELAKA RAYA

Area Intelligence
2024
Median Price
RM 600,000
PSF: RM 396
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Commercial PSF Trends

Median Price

RM 600,000

RM 396 PSF

TAMAN MELAKA RAYA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 396.

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 600K, with most transactions falling within a stable range of RM 557K to RM 640K, and a typical market range of RM 500K to RM 640K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 396, with most transactions between RM 358 and RM 433. The usual range is RM 326.50 to RM 464.50, showing that most units are priced quite close to each other. With an IQR of RM 138.00 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

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

6 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
1,400 sqft
3-Storey Shop
RM 640,000
JALAN MELAKA RAYA 28
1,389 sqft · RM 461 PSF
1,500 sqft
Double Storey Shop
RM 500,000
JALAN MR 10
1,496 sqft · RM 334 PSF
RM 600,000
JALAN MELAKA RAYA 8
1,496 sqft · RM 401 PSF
RM 600,000
JALAN MLKA RAYA 8
1,496 sqft · RM 401 PSF
1,550 sqft
3-Storey Shop
RM 585,000
JALAN MELAKA RAYA 23
1,539 sqft · RM 380 PSF
RM 600,000
JALAN MELAKA RAYA 23
1,539 sqft · RM 390 PSF

No Properties For Sale

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

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