Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

7 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,850 sqft
3-Sty Shop
RM500,000
Jalan Melaka Raya 29
2,863 sqft · RM175 PSF
RM425,000
Jalan Melaka Raya 25
2,863 sqft · RM148 PSF
RM725,000
Melaka Raya 25
2,863 sqft · RM253 PSF
RM331,000
Jalan Melaka Raya 26
2,863 sqft · RM116 PSF
RM331,000
Jalan Melaka Raya 26
2,863 sqft · RM116 PSF
RM550,000
Jalan Melaka Raya 32
2,863 sqft · RM192 PSF
RM475,000
Jalan Mr 25
2,863 sqft · RM166 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM475,000

RM166 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 7 subsale transactions between 2021 and 2026, sized between 2,825 and 2,874 sqft, with a median price of RM475K and a median price per square foot (PSF) of RM166.

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 RM475K, with most transactions falling within a stable range of RM348K to RM602K, and a typical market range of RM339K to RM611K.

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

Price per square foot shows a median of RM166, though individual units vary from RM122 to RM210 in the core range. The broader market spans RM96.90 to RM234.90, indicating diverse property characteristics. A wider spread (IQR: RM138.00) and deviation (MAD: RM44) 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.