Melaka

Median Price

RM 553k

Based on 15835 units sold preceding 12 mths.

Annual Growth

10.9%

Compound annual growth rate in median price.

Melaka, also known as The Historic State, is the third smallest state in Malaysia after Perlis and Penang. Located in the southern region of Peninsular Malaysia, Melaka is bordering Negeri Sembilan to the north and Johor to the south. It has a coastal line facing the Straits of Malacca. The state’s capital is Malacca City, which has been listed as a UNESCO World Heritage Site since July 2008.

Famous as a tourist destination, some of the notable historical sites in Melaka include the Stadhuys, A’Famosa Fort, Christ Church, Jonker Street and Portuguese Square. Many buildings in the capital still preserve the colonial architecture.  With the rapid development of the state, its property market has also grown over the years. The state’s landscape now features modern commercial properties such as office blocks, shop-offices, shopping complexes and industrial lots. Residential properties include terraced houses, semi-detached houses and bungalows. Apartments and condominiums are also becoming increasingly popular.

Generally, this state has a tropical climate. It is said that Melaka is the driest and hottest state in Malaysia but weather conditions are still considered moderate. Temperatures can reach as high as 33˚C. There is often relief from the heat with occasional rainfall. The wettest months in Melaka are from September to October.

The ethnic composition of Melaka’s population consists of Malays; Chinese including the Peranakan community; Indians including the Chitty people; Kristang, people of partial Portuguese ancestry; and Dutch Eurasians. In addition to the Malay culture, other cultural influences in Melaka include Peranakan, Portuguese and Sikhs. These influences are reflected in the local cuisines such as cendol, belacan, assam laksa, devil’s curry and Portuguese egg tarts. Baju kebaya, Nyonya beaded shoes, dondang sayang, branyo and joget lambak are some of the traditional cultural art and performances in Melaka.

Buying, selling, or investing property is a very big decision. Even moving to your desired location can sometimes be very emotional. Using data from more than 0 listings in Melaka, PropertyGuru aim to help you make the right decisions on selecting property, by providing you helpful news and property statistics such as median and growth in the area, but also our opinion on local neighborhood area.

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Properties in Melaka

Property News

UUM & MIPFM Pact Set To Tackle The Challenges Of Stratified Property Development UUM & MIPFM Pact Set To Tackle The Challenges Of Stratified Property Development ⋅ Jul 17 UUM has signed a MoA with the MIPFM in efforts to tackle the challenges of stratified property development in Malaysia....
Setia Foundation Held Sincerely, Setia Special Celebration World Environment Day 2024, With Students From Four Adopted Schools In Setia Ecohill Setia Foundation Held Sincerely, Setia Special Celebration World Environment Day 2024, With Students From Four Adopted Schools In Setia Ecohill ⋅ Jul 18 S P Setia Foundation (“Setia Foundation”), the charity arm of S P Setia Bhd (“Setia”), has held its Sincerely, Setia Special Celebration World Environment Day 2024 recent...
Introducing Jesselton Courtyard At Jesselton Selatan - Berjaya Land Berhad's Latest Luxury Residential Enclave in Penang Introducing Jesselton Courtyard At Jesselton Selatan - Berjaya Land Berhad's Latest Luxury Residential Enclave in Penang ⋅ Jul 18 Berjaya Land Development Sdn. Bhd. (wholly owned by Berjaya Hartanah Berhad, a subsidiary of Berjaya Land Berhad), proudly announces the pre-launch of Jesselton Courtyard...
Reimagining Multigenerational Living - Designing Spaces for Every Stage of Live at TuJu Residences & Retail at KL Duta North Reimagining Multigenerational Living - Designing Spaces for Every Stage of Live at TuJu Residences & Retail at KL Duta North ⋅ Jul 12 Distinctive World Sdn Bhd has unveiled TuJu Residences & Retail at KL Duta North, an exemplary mixed residential development that will redefine urban living in Kuala ...