Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

1 subsales found

Median
RM1,630,000
PSF
RM305
Price Size
Period
transactions middle 50% (P25–P75)
RM1,630,000
Jalan Merdeka
5,339 sqft RM305 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,630,000

RM305 psf

Median transaction price

Low

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Taman Melaka Raya
© OpenStreetMap · CARTO

Melaka Raya, 75000 Malacca, Malaysia

Maps

Taman Melaka Raya in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 5,325 and 5,374 sqft, with a median price of RM1.63 million and a median price per square foot (PSF) of RM305.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM305, with most transactions between RM305 and RM305. The usual range is RM236.31 to RM374.31, showing that most units are priced quite close to each other. With an IQR of RM138.00 and MAD of RM0, 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. 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.