| LIST.MY · Novo 8 Residence | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2021 | |||||
|
Level 9
|
RM626,000
|
RM489
|
1,281 sqft
|
|
Serviced Apt |
|
Level 7
|
RM425,000
|
RM487
|
872 sqft
|
|
Serviced Apt |
|
Level 17
|
RM531,000
|
RM488
|
1,087 sqft
|
|
Serviced Apt |
|
Level 13
|
RM630,000
|
RM492
|
1,281 sqft
|
|
Serviced Apt |
|
Level 9
|
RM442,000
|
RM483
|
915 sqft
|
|
Serviced Apt |
|
Level 13
|
RM431,000
|
RM494
|
872 sqft
|
|
Serviced Apt |
|
Level 9
|
RM427,000
|
RM490
|
872 sqft
|
|
Serviced Apt |
|
Level 18
|
RM532,000
|
RM489
|
1,087 sqft
|
|
Serviced Apt |
|
Level 15
|
RM632,000
|
RM493
|
1,281 sqft
|
|
Serviced Apt |
Selling in Novo 8 Residence? Homes here sold for a median of RM531,000.
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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
Does NOVO 8 RESIDENCE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Jalan Kampung Lapan, Taman Kenanga, 75250 Melaka, Malaysia
MapsNovo 8 Residence in Melaka Tengah, Melaka recorded 9 subsale transactions in 2021, with a median price of RM531K and a median price per square foot (PSF) of RM489.
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 RM531K, with most transactions falling within a stable range of RM444K to RM618K, and a typical market range of RM470K to RM592K.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM489, with most transactions between RM486 and RM493. The usual range is RM486.85 to RM491.85, showing that most units are priced quite close to each other. A typical spread (IQR) of RM5.00 and an average deviation (MAD) of RM3 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.