The Straits Residence

Jalan Merdeka Raya, Taman Melaka Raya, 75000 Melaka, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM535,000
PSF
RM742
Period
transactions middle 50% (P25–P75)
700 sqft
Serviced Apt
RM535,000
Level 16
721 sqft · RM742 PSF
RM500,000
Level 12
721 sqft · RM693 PSF
RM600,000
Level 10
721 sqft · RM832 PSF
Legend Recent Highest Price Highest PSF

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Jalan Merdeka Raya, Taman Melaka Raya, 75000 Melaka, Malaysia

Maps

The Straits Residence in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM535K and a median price per square foot (PSF) of RM742.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM535K, with most transactions falling within a stable range of RM500K to RM570K, and a typical market range of RM510K to RM560K.

Most transactions involved serviced apartment, with minimal variety in property types.

For price per square foot, the median is RM742, with most transactions between RM693 and RM791. The usual range is RM707.09 to RM776.59, showing that most units are priced quite close to each other. With an IQR of RM69.50 and MAD of RM49, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.