Melaka Tengah, Melaka · Freehold · 7 transactions
Estimated Market Value
Units (2465–2465 sqft) estimated at RM720K – RM720K based on median PSF of RM292/sqft (7 verified transactions)
-28.1%
since 2021
Median Price
RM720K
RM720K – RM1.00M
Median PSF
RM292
RM292 – RM406
Transactions
7
2021-04 to 2023-04
Size Range
2465 – 2465
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM292 | RM720K |
| Aug 2022 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM292 | RM720K |
| Apr 2022 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM292 | RM720K |
| Nov 2021 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM406 | RM1.00M |
| Aug 2021 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM292 | RM720K |
| Aug 2021 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM487 | RM1.20M |
| Apr 2021 | 2 - 2 1/2 Storey Shop | Freehold | 2,465 | RM292 | RM720K |
NOA RESIDENCE · 7 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2023 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Melaka Tengah average
All 7 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Melaka Tengah & Melaka
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for NOA RESIDENCE
Earliest PSF (2021)
RM406
Current PSF (2023)
RM292
Capital Gain
-28.1%
Total Return (est.)
-9.7% p.a.
| Capital appreciation (2 years) | -28.1% |
| Annualised capital return | -14.0% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -9.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -26.5% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,600/mo
Rent Range
RM2100-3100
25th – 75th pct
Rent PSF
RM1.05
Est. Yield
4.3% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM2,200/mo |
| Semi Furnished | RM2,600/mo |
| Fully Furnished | RM3,300/mo |
*Estimated rental figures based on Melaka district average gross yield (4.3%). Actual rents may vary.
PSF Trend: Declining
PSF moved from RM406 (2021) to RM292 (2023)
Liquidity: Low
7 transactions over 2 years (~4/year)
4% below Melaka Tengah average
This project: RM292 PSF vs Melaka Tengah median: RM305 PSF
Est. Total Return: -9.7% p.a. (below FD)
Capital loss (-14.0% p.a.) + rental yield (~4.3% p.a.)
NOA RESIDENCE delivers a modest estimated total return of -9.7% p.a. — comprising -14.0% capital depreciation and ~4.3% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Melaka Tengah average, suggesting fair market pricing. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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