| LIST.MY · Taman Melaka Raya | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Jalan Melaka Raya 28
|
RM640,000
|
RM168
|
3,800 sqft
|
|
3-Sty Shop |
|
Jalan Mr 10
|
RM500,000
|
RM187
|
2,680 sqft
|
|
2-Sty Shop |
|
Jalan Melaka Raya 23
|
RM585,000
|
RM182
|
3,218 sqft
|
|
3-Sty Shop |
|
Jalan Melaka Raya 23
|
RM600,000
|
RM186
|
3,218 sqft
|
|
3-Sty Shop |
|
Jalan Melaka Raya 8
|
RM600,000
|
RM275
|
2,185 sqft
|
|
2-Sty Shop |
|
Jalan Mlka Raya 8
|
RM600,000
|
RM275
|
2,185 sqft
|
|
2-Sty Shop |
Selling in Taman Melaka Raya? Homes here sold for a median of RM600,000.
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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
CommercialRM600,000
RM186 psfMedian transaction price
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Melaka Raya, 75000 Malacca, Malaysia
MapsTaman Melaka Raya in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM600K and a median price per square foot (PSF) of RM186.
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 RM600K, with most transactions falling within a stable range of RM557K to RM640K, and a typical market range of RM500K to RM640K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM186, though individual units vary from RM142 to RM231 in the core range. The broader market spans RM117.49 to RM255.49, indicating diverse property characteristics. The spread of RM138.00 (IQR) and deviation of RM45 (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.