| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Melaka Raya
|
RM 680,000
|
RM 311
|
2,185 sqft
|
|
|
|
Jalan Mr 10
|
RM 750,000
|
RM 343
|
2,185 sqft
|
|
|
|
Jalan Melaka Raya 12
|
RM 750,000
|
RM 343
|
2,185 sqft
|
|
|
Jalan Melaka Raya 26
|
RM 331,000
|
RM 116
|
2,863 sqft
|
|
|
|
Jalan Melaka Raya 26
|
RM 331,000
|
RM 116
|
2,863 sqft
|
|
|
|
Jalan Melaka Raya 32
|
RM 550,000
|
RM 192
|
2,863 sqft
|
|
|
Jalan Melaka Raya 8
|
RM 830,000
|
RM 258
|
3,218 sqft
|
|
|
|
Taman Melaka Raya
|
RM 700,000
|
RM 217
|
3,218 sqft
|
|
|
|
Jalan Melaka Raya 8
|
RM 970,000
|
RM 301
|
3,218 sqft
|
|
|
Jalan Tmr 10
|
RM 1,000,000
|
RM 252
|
3,961 sqft
|
|
|
Jalan Melaka Raya 26
|
RM 641,000
|
RM 123
|
5,210 sqft
|
|
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Market Snapshot
CommercialRM 700,000
RM 252 psfMedian transaction price
Melaka Raya, 75000 Malacca, Malaysia
MapsTaman Melaka Raya in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 700K and a median price per square foot (PSF) of RM 252.
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 700K, with most transactions falling within a stable range of RM 491K to RM 909K, and a typical market range of RM 564K to RM 836K.
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 252, though individual units vary from RM 168 to RM 336 in the core range. The broader market spans RM 183.45 to RM 321.45, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 84) 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.