| LIST.MY · Taman Melaka Raya | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2021 | |||||
|
Jalan Mr 10
|
RM800,000
|
RM366
|
2,185 sqft
|
|
2-Sty Shop |
|
Jalan Mr 25
|
RM475,000
|
RM166
|
2,863 sqft
|
|
3-Sty Shop |
|
Jalan Merdeka
|
RM1,630,000
|
RM305
|
5,339 sqft
|
|
3-Sty Shop |
|
Jalan Melaka Raya 1
|
RM1,450,000
|
RM395
|
3,670 sqft
|
|
3-Sty Shop |
Selling in Taman Melaka Raya? Homes here sold for a median of RM1,125,000.
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Taman Melaka Raya
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
Market Snapshot
CommercialRM1,125,000
RM336 psfMedian transaction price
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Melaka Raya, 75000 Malacca, Malaysia
MapsTaman Melaka Raya in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM1.13 million and a median price per square foot (PSF) of RM336.
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 RM1.13 million, with most transactions falling within a stable range of RM655K to RM1.59 million, and a typical market range of RM989K to RM1.26 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM336, though individual units vary from RM247 to RM424 in the core range. The broader market spans RM266.71 to RM404.71, indicating diverse property characteristics. A wider spread (IQR: RM138.00) and deviation (MAD: RM88) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.