Noa Residence

Jalan Pulau Gadong, 75250 Melaka, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM720,000
PSF
RM292
Price Size
Period
transactions middle 50% (P25–P75)
2,450 sqft
2-Sty Shop
RM720,000
Jalan Tun Teja
2,465 sqft · RM292 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM720,000

RM292 psf

Median transaction price

Average

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Jalan Pulau Gadong, 75250 Melaka, Malaysia

Maps

Noa Residence in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM720K and a median price per square foot (PSF) of RM292.

This area contains both residential and commercial properties. View 5 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM292, with most transactions between RM292 and RM292. The usual range is RM270.35 to RM313.85, showing that most units are priced quite close to each other. A typical spread (IQR) of RM43.50 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.