TMN MELAKA RAYA
Commercial Market
Median Price
RM 680,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
22 properties
Median Price
RM 730,500
-25.5% CAGR
Median PSF
RM 484.00
-23.3% CAGR
Double Storey Shop
9 properties
Median Price
RM 675,000
-9.1% CAGR
Median PSF
RM 447.25
-9.2% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 3-Storey Storey Shop | 22 |
RM 730,500
±110K MAD
|
-25.48% |
RM 484.00
±62 MAD
|
-23.32% | |
| Double Storey Shop | 9 |
RM 675,000
±100K MAD
|
-9.14% |
RM 447.25
±67 MAD
|
-9.16% |
TMN MELAKA RAYA in Melaka Tengah, Melaka recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 680K and a median price per square foot (PSF) of RM 475.
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 RM 680K, with most transactions falling within a stable range of RM 510K to RM 850K, and a typical market range of RM 523K to RM 838K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 475, with core pricing between RM 401 and RM 549. Market pricing typically extends from RM 400.75 to RM 549.25, reflecting moderate variation in unit pricing. The spread of RM 148.50 (IQR) and deviation of RM 74 (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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
31 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN MELAKA RAYA 29
|
RM 500,000
|
RM 499.00
|
1,001 sqft
|
Dec 2023
|
|
|
JALAN MELAKA RAYA 25
|
RM 425,000
|
RM 425.00
|
1,001 sqft
|
May 2023
|
|
|
JALAN MELAKA RAYA 26
|
RM 331,000
|
RM 331.00
|
1,001 sqft
|
Aug 2022
|
|
|
JLN MELAKA RAYA 26
|
RM 331,000
|
RM 331.00
|
1,001 sqft
|
Aug 2022
|
|
|
JALAN MELAKA RAYA 32
|
RM 550,000
|
RM 549.00
|
1,001 sqft
|
Jun 2022
|
|
|
JLN MR 25
|
RM 475,000
|
RM 475.00
|
1,001 sqft
|
Nov 2021
|
|
JALAN MELAKA RAYA 28
|
RM 640,000
|
RM 461.00
|
1,389 sqft
|
Apr 2024
|
3-Storey Storey Shop |
|
JLN MELAKA RAYA 4
|
RM 855,000
|
RM 611.00
|
1,399 sqft
|
Dec 2023
|
3-Storey Storey Shop |
|
JALAN MELAKA RAYA
|
RM 450,000
|
RM 324.00
|
1,389 sqft
|
Feb 2023
|
3-Storey Storey Shop |
|
JLN SYED ABDUL AZIZ
|
RM 940,000
|
RM 672.00
|
1,399 sqft
|
Jan 2023
|
3-Storey Storey Shop |
|
JALAN MLK RAYA
|
RM 940,000
|
RM 672.00
|
1,399 sqft
|
Jan 2023
|
3-Storey Storey Shop |
|
JLN MELAKA RAYA
|
RM 680,000
|
RM 486.00
|
1,399 sqft
|
Apr 2022
|
Double Storey Shop |
|
JLN MR 10
|
RM 500,000
|
RM 334.00
|
1,496 sqft
|
Mar 2024
|
Double Storey Shop |
|
JALAN MELAKA RAYA 8
|
RM 600,000
|
RM 401.00
|
1,496 sqft
|
Jan 2024
|
Double Storey Shop |
|
JLN MLKA RAYA 8
|
RM 600,000
|
RM 401.00
|
1,496 sqft
|
Jan 2024
|
Double Storey Shop |
|
JLN MR 10
|
RM 500,000
|
RM 334.00
|
1,496 sqft
|
Aug 2023
|
Double Storey Shop |
|
TMN MELAKA RAYA
|
RM 850,000
|
RM 568.00
|
1,496 sqft
|
Feb 2023
|
3-Storey Storey Shop |
|
JLN MELAKA RAYA 12
|
RM 750,000
|
RM 501.00
|
1,496 sqft
|
Mar 2022
|
Double Storey Shop |
|
JALAN MR 10
|
RM 750,000
|
RM 501.00
|
1,496 sqft
|
Mar 2022
|
Double Storey Shop |
|
JALAN MR 10
|
RM 800,000
|
RM 535.00
|
1,496 sqft
|
Dec 2021
|
Double Storey Shop |
|
JLN MELAKA RAYA 23
|
RM 600,000
|
RM 390.00
|
1,539 sqft
|
Feb 2024
|
|
|
JLN MELAKA RAYA 23
|
RM 585,000
|
RM 380.00
|
1,539 sqft
|
Feb 2024
|
|
|
MELAKA RAYA 25
|
RM 725,000
|
RM 461.00
|
1,572 sqft
|
May 2023
|
|
|
JLN MELAKA RAYA 8
|
RM 830,000
|
RM 539.00
|
1,539 sqft
|
Aug 2022
|
|
|
TAMAN MELAKA RAYA
|
RM 700,000
|
RM 455.00
|
1,539 sqft
|
Mar 2022
|
|
|
JLN MELAKA RAYA 8
|
RM 970,000
|
RM 630.00
|
1,539 sqft
|
Jan 2022
|
|
JLN MELAKA RAYA 3
|
RM 820,000
|
RM 513.00
|
1,600 sqft
|
Jan 2023
|
|
|
JALAN MELAKA RAYA 1
|
RM 1,450,000
|
RM 910.00
|
1,593 sqft
|
May 2021
|
|
JLN MERDEKA
|
RM 1,630,000
|
RM 865.00
|
1,884 sqft
|
Jul 2021
|
|
JLN MELAKA RAYA 26
|
RM 641,000
|
RM 331.00
|
1,938 sqft
|
Aug 2022
|
|
JLN TMR 10
|
RM 1,000,000
|
RM 417.00
|
2,400 sqft
|
Nov 2022
|