| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 21
|
RM508,000
|
RM502
|
1,012 sqft
|
|
|
Level 15
|
RM561,000
|
RM487
|
1,152 sqft
|
|
|
|
Level 14
|
RM559,000
|
RM485
|
1,152 sqft
|
|
|
|
Level 20
|
RM571,000
|
RM496
|
1,152 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM720,000
RM544 psfMedian transaction price
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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 RM561K and a median price per square foot (PSF) of RM496.
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 RM561K, with most transactions falling within a stable range of RM508K to RM620K, and a typical market range of RM508K to RM637K.
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 RM496, with most transactions between RM477 and RM515. The usual range is RM474.25 to RM517.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM43.50 and an average deviation (MAD) of RM19 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.