Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

10 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM855,000
Jalan Melaka Raya 4
4,123 sqft RM207 PSF
RM500,000
Jalan Melaka Raya 29
2,863 sqft RM175 PSF
RM500,000
Jalan Mr 10
2,680 sqft RM187 PSF
RM425,000
Jalan Melaka Raya 25
2,863 sqft RM148 PSF
RM725,000
Melaka Raya 25
2,863 sqft RM253 PSF
RM450,000
Jalan Melaka Raya
3,853 sqft RM117 PSF
RM850,000
Taman Melaka Raya
4,123 sqft RM206 PSF
RM940,000
Jalan Mlk Raya
3,681 sqft RM255 PSF
RM820,000
Jalan Melaka Raya 3
3,670 sqft RM223 PSF
RM940,000
Jalan Syed Abdul Aziz
4,058 sqft RM232 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Melaka Raya? Homes here sold for a median of RM772,500.

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Market Snapshot

Commercial

RM772,500

RM207 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 10 subsale transactions in 2023, with a median price of RM773K and a median price per square foot (PSF) of RM207.

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 RM773K, with most transactions falling within a stable range of RM574K to RM940K, and a typical market range of RM637K to RM908K.

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

Price per square foot shows a median of RM207, though individual units vary from RM164 to RM249 in the core range. The broader market spans RM137.79 to RM275.79, indicating diverse property characteristics. The spread of RM138.00 (IQR) and deviation of RM42 (MAD) suggest moderate price variations reflecting different property features.

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.