Pulau Melaka

Malacca Island, Malacca, Malaysia

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Selling in Pulau Melaka? Homes here sold for a median of RM105,000.

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Malacca Island, Malacca, Malaysia

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Pulau Melaka in Melaka Tengah, Melaka recorded 0 subsale transactions in 2024, with a median price of RM105K and a median price per square foot (PSF) of RM115.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM105K, with most transactions falling within a stable range of RM85K to RM125K, and a typical market range of RM86K to RM124K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM115, with core pricing between RM102 and RM127. Market pricing typically extends from RM107.00 to RM122.00, reflecting moderate variation in unit pricing. With an IQR of RM15.00 and MAD of RM13, the PSF demonstrates reasonable consistency across the market.

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.