Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

11 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,200 sqft
2-Sty Shop
RM680,000
Jalan Melaka Raya
2,185 sqft · RM311 PSF
RM750,000
Jalan Mr 10
2,185 sqft · RM343 PSF
RM750,000
Jalan Melaka Raya 12
2,185 sqft · RM343 PSF
2,850 sqft
3-Sty Shop
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
3,200 sqft
3-Sty Shop
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
3,950 sqft
2-Sty Shop
RM1,000,000
Jalan Tmr 10
3,961 sqft · RM252 PSF
5,200 sqft
3-Sty Shop
RM641,000
Jalan Melaka Raya 26
5,210 sqft · RM123 PSF
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Market Snapshot

Commercial

RM700,000

RM252 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 11 subsale transactions in 2022, with a median price of RM700K and a median price per square foot (PSF) of RM252.

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 RM700K, with most transactions falling within a stable range of RM491K to RM909K, and a typical market range of RM564K to RM836K.

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

Price per square foot shows a median of RM252, though individual units vary from RM168 to RM336 in the core range. The broader market spans RM183.45 to RM321.45, indicating diverse property characteristics. A wider spread (IQR: RM138.00) and deviation (MAD: RM84) 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.