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NOVO 8 RESIDENCE

Melaka Tengah, Melaka · High-rise / strata · 29 recorded sales, Jan 2021 to Oct 2024

No sale recorded since Oct 2024Serviced Apartment · 29
RM 491psf median, against built-up area · 29 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 488 – 493 psf
Median price
RM 553,000
Price range
RM 287k – RM 644k
Built-up area
517 – 1,302 sq ft

Median of 29 sales that carry a usable area, out of 29 on record. Half the sales fell inside the middle-half band; half did not.

Liquidity

No recorded sale in the 12 months to Oct 2024. Last on record: 2 Oct 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20219 · RM 489 psf
202213 · RM 491 psf
20233 · RM 460 psf
20244 · RM 499 psf

Quarterly medians · not a price trend

3907511,1132021 Q1 — RM 490 psf, 5 sales2021 Q2 — RM 490 psf, 2 sales2021 Q3 — RM 488 psf, 1 sale2021 Q4 — RM 489 psf, 1 sale2022 Q1 — RM 506 psf, 1 sale2022 Q2 — RM 493 psf, 5 sales2022 Q4 — RM 489 psf, 7 sales2023 Q1 — RM 460 psf, 1 sale2023 Q3 — RM 460 psf, 1 sale2023 Q4 — RM 488 psf, 1 sale2024 Q2 — RM 491 psf, 1 sale2024 Q3 — RM 499 psf, 2 sales2024 Q4 — RM 1,043 psf, 1 sale
2021 Q12024 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for high-rise / strata in Melaka long or clean enough to state a direction, so this page states none.

Distribution · 29 priced sales

RM 452–473 psf — 3 salesRM 473–493 psf — 18 salesRM 493–514 psf — 7 salesRM 514–535 psf — 0 salesRM 535–556 psf — 0 salesRM 556–576 psf — 0 salesRM 576–597 psf — 0 salesRM 597–618 psf — 0 salesRM 618–639 psf — 0 salesRM 639–659 psf — 0 salesRM 659–680 psf — 0 salesRM 680–701 psf — 0 salesRM 701–722 psf — 0 salesRM 722–742 psf — 1 sale
RM 452RM 742 psf

Each bar counts sales in a RM 21 psf band, measured against built-up area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 29

DateTypeFloorArea (sq ft)PricepsfTenure
2 Oct 2024Serviced Apartment25517RM 538,8001,043Freehold
24 Sep 2024Serviced Apartment23872RM 441,320506Freehold
18 Jul 2024Serviced Apartment7915RM 449,820492Freehold
19 May 2024Serviced Apartment101,130RM 555,000491Freehold
28 Nov 2023Serviced Apartment25872RM 425,000488Freehold
1 Sep 2023Serviced Apartment24624RM 287,320460Freehold
10 Mar 2023Serviced Apartment151,087RM 500,000460Freehold
15 Dec 2022Serviced Apartment241,130RM 499,000442Freehold
15 Nov 2022Serviced Apartment91,130RM 554,000490Freehold
15 Nov 2022Serviced Apartment81,281RM 625,000488Freehold
15 Nov 2022Serviced Apartment81,130RM 553,000489Freehold
15 Nov 2022Serviced Apartment71,130RM 552,000488Freehold
15 Nov 2022Serviced Apartment141,281RM 631,000493Freehold
14 Nov 2022Serviced Apartment271,281RM 644,000503Freehold
22 Jun 2022Serviced Apartment101,130RM 555,000491Freehold
15 Jun 2022Serviced Apartment91,302RM 638,960491Freehold
19 May 2022Serviced Apartment141,130RM 559,000495Freehold
5 May 2022Serviced Apartment161,130RM 561,000496Freehold
11 Apr 2022Serviced Apartment121,130RM 557,000493Freehold
28 Mar 2022Serviced Apartment271,130RM 572,000506Freehold

Others in Melaka Tengah · high-rise / strata

TMN KENANGA SEK 3
RM 257 psf · 17 sales · 0.5 km
PANGSAPURI TUN PERAK
RM 442 psf · 27 sales · 0.5 km
PANGSAPURI TUN PERAK @ SUNGAI MELAKA
RM 437 psf · 23 sales · 0.5 km
PANGSAPURI KESIDANG INDAH
RM 190 psf · 11 sales · 0.6 km
TMN ANIKA
RM 140 psf · 47 sales · 1 km
ONG KIM WEE RESIDENCE
RM 461 psf · 26 sales · 1.1 km
TMN PANDAN MALIM
RM 165 psf · 13 sales · 1.2 km
RUM PANGSA JLN TENGKERA
RM 152 psf · 6 sales · 1.3 km

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: built-up area. Nothing here is a valuation.