Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

6 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,200 sqft
2-Sty Shop
RM600,000
Jalan Melaka Raya 8
2,185 sqft · RM275 PSF
RM600,000
Jalan Mlka Raya 8
2,185 sqft · RM275 PSF
2,700 sqft
2-Sty Shop
RM500,000
Jalan Mr 10
2,680 sqft · RM187 PSF
3,200 sqft
3-Sty Shop
RM585,000
Jalan Melaka Raya 23
3,218 sqft · RM182 PSF
RM600,000
Jalan Melaka Raya 23
3,218 sqft · RM186 PSF
3,800 sqft
3-Sty Shop
RM640,000
Jalan Melaka Raya 28
3,800 sqft · RM168 PSF
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Market Snapshot

Commercial

RM600,000

RM186 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 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.