Melaka Tengah, Melaka · Freehold · 16 transactions
Median Price
RM184K
RM180K – RM187K
Median PSF
RM204
RM199 – RM207
Transactions
16
2022-07 to 2023-09
Size Range
904 – 904
sq.ft (built-up)
Data-driven insights for OFF LEBUH SPA
Earliest PSF (2022)
RM199
Current PSF (2023)
RM204
Capital Gain
+2.2%
Total Return (est.)
6.5% p.a.
| Capital appreciation (1 years) | +2.2% |
| Annualised capital return | +2.2% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 6.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | +3.0% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Melaka district averages.
PSF Trend: Stable
PSF moved from RM199 (2022) to RM204 (2023)
Liquidity: High
16 transactions over 1 years (~16/year)
34% below Melaka Tengah average
This project: RM204 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: 6.5% p.a. (beats FD)
Capital gain (2.2% p.a.) + rental yield (~4.3% p.a.)
OFF LEBUH SPA delivers a strong estimated total return of 6.5% p.a. — comprising +2.2% capital appreciation and ~4.3% rental yield over 1 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 34% below the Melaka Tengah average — potentially undervalued. Best suited for long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM199 | RM180K |
| Sept 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM199 | RM180K |
| Aug 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM199 | RM180K |
| Aug 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM204 | RM184K |
| Aug 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM199 | RM180K |
11 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 16 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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