| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 10
|
RM555,000
|
RM491
|
1,130 sqft
|
|
|
|
Level 24
|
RM499,000
|
RM442
|
1,130 sqft
|
|
|
|
Level 7
|
RM552,000
|
RM488
|
1,130 sqft
|
|
|
|
Level 8
|
RM553,000
|
RM489
|
1,130 sqft
|
|
|
|
Level 9
|
RM554,000
|
RM490
|
1,130 sqft
|
|
|
|
Level 10
|
RM555,000
|
RM491
|
1,130 sqft
|
|
Selling in Novo 8 Residence? Homes here sold for a median of RM555,000.
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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 10 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM555K and a median price per square foot (PSF) of RM491.
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 RM555K, with most transactions falling within a stable range of RM537K to RM572K, and a typical market range of RM499K to RM572K.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM491, with most transactions between RM475 and RM507. The usual range is RM488.56 to RM493.56, showing that most units are priced quite close to each other. A typical spread (IQR) of RM5.00 and an average deviation (MAD) of RM16 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.