Taman Melaka Raya in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 3,625 and 3,674 sqft, with a median price of RM1.14 million and a median price per square foot (PSF) of RM309.

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 RM1.14 million, with most transactions falling within a stable range of RM820K to RM1.45 million, and a typical market range of RM999K to RM1.27 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 RM309, though individual units vary from RM223 to RM395 in the core range. The broader market spans RM240.22 to RM378.22, indicating diverse property characteristics. A wider spread (IQR: RM138.00) and deviation (MAD: RM86) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.