Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 21
|
RM 508,000
|
RM 502
|
1,012 sqft
|
|
|
Level 15
|
RM 561,000
|
RM 487
|
1,152 sqft
|
|
|
|
Level 14
|
RM 559,000
|
RM 485
|
1,152 sqft
|
|
|
|
Level 20
|
RM 571,000
|
RM 496
|
1,152 sqft
|
|
|
Level 7
|
RM 688,000
|
RM 537
|
1,281 sqft
|
|
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Market Snapshot
CommercialRM 720,000
RM 544 psfMedian transaction price
Jalan Pulau Gadong, 75250 Melaka, Malaysia
MapsNoa Residence in Melaka Tengah, Melaka recorded 5 Serviced Apt properties subsale transactions between 2021 and 2026, with a median price of RM 561K and a median price per square foot (PSF) of RM 496.
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 561K, with most transactions falling within a stable range of RM 508K to RM 620K, and a typical market range of RM 508K to RM 637K.
Within the Serviced Apt category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 496, with most transactions between RM 477 and RM 515. The usual range is RM 474.25 to RM 517.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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.