| LIST.MY · Novo 8 Residence | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 23
|
RM441,000
|
RM506
|
872 sqft
|
|
Serviced Apt |
| 2023 | |||||
|
Level 25
|
RM425,000
|
RM487
|
872 sqft
|
|
Serviced Apt |
| 2021 | |||||
|
Level 7
|
RM425,000
|
RM487
|
872 sqft
|
|
Serviced Apt |
|
Level 13
|
RM431,000
|
RM494
|
872 sqft
|
|
Serviced Apt |
|
Level 9
|
RM427,000
|
RM490
|
872 sqft
|
|
Serviced Apt |
Selling in Novo 8 Residence? Homes here sold for a median of RM427,000.
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Novo 8 Residence
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
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Jalan Kampung Lapan, Taman Kenanga, 75250 Melaka, Malaysia
MapsNovo 8 Residence in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 825 and 874 sqft, with a median price of RM427K and a median price per square foot (PSF) of RM490.
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 RM427K, with most transactions falling within a stable range of RM425K to RM433K, and a typical market range of RM425K to RM441K.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM490, with most transactions between RM483 and RM497. The usual range is RM487.25 to RM492.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM5.00 and an average deviation (MAD) of RM7 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.