Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

8 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
3,200 sqft
3-Sty Shop
RM750,000
Jalan Merdeka
3,218 sqft · RM233 PSF
RM660,000
6A & 6B, Jalan Melaka Raya 15
3,218 sqft · RM205 PSF
RM830,000
37-A & 37-B, Jl N Melaka Raya 8
3,218 sqft · RM258 PSF
RM585,000
Jalan Melaka Raya 23
3,218 sqft · RM182 PSF
RM600,000
Jalan Melaka Raya 23
3,218 sqft · RM186 PSF
RM830,000
Jalan Melaka Raya 8
3,218 sqft · RM258 PSF
RM700,000
Taman Melaka Raya
3,218 sqft · RM217 PSF
RM970,000
Jalan Melaka Raya 8
3,218 sqft · RM301 PSF
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Market Snapshot

Commercial

RM725,000

RM225 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 8 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM725K and a median price per square foot (PSF) of RM225.

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 RM725K, with most transactions falling within a stable range of RM602K to RM848K, and a typical market range of RM589K to RM861K.

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

The median PSF stands at RM225, with core pricing between RM187 and RM263. Market pricing typically extends from RM156.25 to RM294.25, reflecting moderate variation in unit pricing. The spread of RM138.00 (IQR) and deviation of RM38 (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.