Property prices for sale in Melaka (Negeri Melaka)

The prices in real estate in Melaka, in the Negeri Melaka region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

RM 465,397.83
Average price last 6 months
RM 250.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Melaka has increased during the last 6 months. In September, the average price per sq.feet was RM 240. In October this price pretty much remained the same at a value of RM 230 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from RM 235 to RM 265 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 250 to RM 251.5 during January y February

Average price

Based upon to the price in Melaka (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is RM 435,131. In October This price remains at RM 453,311. During the following two months (November, December) the price has had an average incrementation from RM 444,221 to RM 485,293. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 464,757 and RM 466,679.5 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 434,039 they are 41 % more affordable than the average price for Melaka. The properties with the lowest average price have 4 bedrooms, Their price is 0 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 281,118.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 218 / sq.feet, with an average RM 241 / sq.feet price in Melaka. The properties with the highest average prices have 1 bedroom. They are 125 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 346 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 434,039 it is 29 % cheaper than the average price in Melaka. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Semi Detached House". At a price of RM 538,054 it is 546 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Semi Detached House" at an average cost of RM 171 / sq.feet followed by "Terraced House" priced at RM 207 / sq.feet. "Commercial" is the most costly type of property with a RM 503 / sq.feet cost followed by "Condominium" with an average price of RM 385 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Melaka
Number of properties used in region Negeri Melaka
RM 434,039
RM 241
7,276
26,464
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value