OFF LEBUH SPA Property Investment Analysis

OFF LEBUH SPA in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 184K and a median price per square foot (PSF) of RM 131.

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 RM 184K, with most transactions falling within a stable range of RM 180K to RM 188K, and a typical market range of RM 182K to RM 186K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 131, with most transactions between RM 124 and RM 138. The usual range is RM 127.13 to RM 134.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.75 and an average deviation (MAD) of RM 7 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. 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.