Melaka Sentral

R1, Jalan Tun Razak, Melaka Sentral, R1, Jalan Tun Razak, Plaza Melaka Sentral, 75400 Melaka, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM300,000
PSF
RM606
Price Size
Period
transactions middle 50% (P25–P75)
350 sqft
Serviced Apt
RM200,000
Level 29
334 sqft · RM599 PSF
500 sqft
Serviced Apt
RM318,000
Level 7
495 sqft · RM642 PSF
RM350,000
Level 7
495 sqft · RM707 PSF
RM300,000
Level 8
495 sqft · RM606 PSF
RM295,000
Level 23
495 sqft · RM596 PSF
Legend Recent Highest Price Highest PSF

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R1, Jalan Tun Razak, Melaka Sentral, R1, Jalan Tun Razak, Plaza Melaka Sentral, 75400 Melaka, Malaysia

Maps

Melaka Sentral in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM300K and a median price per square foot (PSF) of RM606.

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 RM300K, with most transactions falling within a stable range of RM250K to RM350K, and a typical market range of RM288K to RM313K.

Most transactions involved serviced apartment, though some variety exists in the market.

For price per square foot, the median is RM606, with most transactions between RM564 and RM648. The usual range is RM582.39 to RM629.39, showing that most units are priced quite close to each other. A typical spread (IQR) of RM47.00 and an average deviation (MAD) of RM42 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.