Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Tun Teja
|
RM 720,000
|
RM 292
|
2,465 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Tun Teja
|
RM 720,000
|
RM 292
|
2,465 sqft
|
|
2-Sty Shop |
|
Jalan Tun Teja
|
RM 720,000
|
RM 292
|
2,465 sqft
|
|
2-Sty Shop |
| 2021 | |||||
|
Jalan Tun Teja
|
RM 1,000,000
|
RM 406
|
2,465 sqft
|
|
2-Sty Shop |
|
Jalan Tun Teja
|
RM 720,000
|
RM 292
|
2,465 sqft
|
|
2-Sty Shop |
|
Jalan Tun Teja
|
RM 1,200,000
|
RM 487
|
2,465 sqft
|
|
2-Sty Shop |
|
Jalan Tun Teja
|
RM 720,000
|
RM 292
|
2,465 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 720,000
RM 292 psfMedian transaction price
Jalan Pulau Gadong, 75250 Melaka, Malaysia
MapsNoa Residence in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2026, sized between 2,425 and 2,474 sqft, with a median price of RM 720K and a median price per square foot (PSF) of RM 292.
This area contains both residential and commercial properties. View 5 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 720K, with most transactions falling within a stable range of RM 720K to RM 900K, and a typical market range of RM 720K to RM 796K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 292, though individual units vary from RM 219 to RM 365 in the core range. The broader market spans RM 270.35 to RM 313.85, indicating diverse property characteristics. The spread of RM 43.50 (IQR) and deviation of RM 73 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.