The Shore @ The River in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM640K and a median price per square foot (PSF) of RM764.

This area contains both residential and commercial properties. View 19 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM640K, with most transactions falling within a stable range of RM360K to RM920K, and a typical market range of RM515K to RM765K.

Most transactions involved serviced apartment, with minimal variety in property types.

For price per square foot, the median is RM764, with most transactions between RM750 and RM778. The usual range is RM743.52 to RM784.02, showing that most units are priced quite close to each other. A typical spread (IQR) of RM40.50 and an average deviation (MAD) of RM14 indicate a highly stable PSF trend across properties.

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.