TMN MELAKA RAYA
Commercial Market
Median Price
RM 670,500
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 22 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 671K and a median price per square foot (PSF) of RM 487.
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 671K, with most transactions falling within a stable range of RM 353K to RM 988K, and a typical market range of RM 513K to RM 828K.
Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 487, though individual units vary from RM 329 to RM 645 in the core range. The broader market spans RM 412.75 to RM 561.25, indicating diverse property characteristics. A wider spread (IQR: RM 148.50) and deviation (MAD: RM 158) 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. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
22 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
|
|
|
JLN MELAKA RAYA 4
|
RM 855,000
|
RM 611.00
|
1,399 sqft
|
Dec 2023
|
|
|
JALAN MELAKA RAYA
|
RM 450,000
|
RM 324.00
|
1,389 sqft
|
Feb 2023
|
|
|
JALAN MLK RAYA
|
RM 940,000
|
RM 672.00
|
1,399 sqft
|
Jan 2023
|
|
|
JLN SYED ABDUL AZIZ
|
RM 940,000
|
RM 672.00
|
1,399 sqft
|
Jan 2023
|
|
TMN MELAKA RAYA
|
RM 850,000
|
RM 568.00
|
1,496 sqft
|
Feb 2023
|
|
JLN MELAKA RAYA 23
|
RM 585,000
|
RM 380.00
|
1,539 sqft
|
Feb 2024
|
|
|
JLN MELAKA RAYA 23
|
RM 600,000
|
RM 390.00
|
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
|