| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 19
|
RM 300,000
|
RM 697
|
431 sqft
|
|
|
|
Level 17
|
RM 252,000
|
RM 585
|
431 sqft
|
|
|
Level 15
|
RM 633,000
|
RM 516
|
1,227 sqft
|
|
|
Level 19
|
RM 550,000
|
RM 402
|
1,367 sqft
|
|
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193, Jalan Persisiran Bunga Raya, Kampung Bunga Paya Pantai, 75100 Melaka, Malaysia
MapsThe Shore @ The River in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 425K and a median price per square foot (PSF) of RM 551.
This area contains both residential and commercial properties. View 19 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 425K, with most transactions falling within a stable range of RM 264K to RM 586K, and a typical market range of RM 300K to RM 550K.
Most transactions involved serviced apartment, with minimal variety in property types.
The median PSF stands at RM 551, with core pricing between RM 444 and RM 658. Market pricing typically extends from RM 530.32 to RM 570.82, reflecting moderate variation in unit pricing. The spread of RM 40.50 (IQR) and deviation of RM 107 (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.