TAMAN MELAKA BARU

TAMAN MELAKA BARU in Melaka Tengah, Melaka recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 284.

This area contains both residential and commercial properties. View 57 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 441K to RM 550K, and a typical market range of RM 425K to RM 550K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 284, with core pricing between RM 250 and RM 318. Market pricing typically extends from RM 239.50 to RM 328.50, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 34, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.