Taman Melaka Raya

Melaka Raya, 75000 Malacca, Malaysia

Property Transactions

3 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
3,200 sqft
3-Sty Shop
RM750,000
Jalan Merdeka
3,218 sqft · RM233 PSF
RM660,000
6A & 6B, Jalan Melaka Raya 15
3,218 sqft · RM205 PSF
RM830,000
37-A & 37-B, Jl N Melaka Raya 8
3,218 sqft · RM258 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM750,000

RM233 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 3 subsale transactions between 2021 and 2026, with a median price of RM750K and a median price per square foot (PSF) of RM233.

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 RM750K, with most transactions falling within a stable range of RM681K to RM819K, and a typical market range of RM660K to RM830K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM233, with most transactions between RM211 and RM255. The usual range is RM164.00 to RM302.00, showing that most units are priced quite close to each other. With an IQR of RM138.00 and MAD of RM22, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.