Melaka, Malaysia

Melaka is Malaysia's third smallest state that is located in the southern region of the country peninsula. Established by Parameswara in 1402, it has since then been conquered by Portuguese, Dutch, British, and briefly by Japan, before becoming part of the Malayan Union on 1 April 1946. Commonly referred to as a 'historical city', it has always been popular with foreigners and also Malaysians for its historical sites, especially the A Famosa, St. Paul's Church and Christ Church. It is recognised as a UNESCO World Heritage site together with Georgetown of Penang.

According to a legend, the Emperor of China sent a princess named Hang Li Po, to marry the Sultan of Melaka as a token of appreciation for his tribute and the nobles and servants who accompanied the princess settled in Bukit Cina and eventually grew into a class of Straits-born Chinese known as the Peranakans or also more commonly referred to as 'Baba-Nyonya'. Presently, the Baba-Nyonya culture and heritage, and of course its cuisine, are also driving factors for people to flock over to Melaka. The fact that it is just about 2 hours drive away from Kuala Lumpur, makes it a perfect destination for short trips to just dwell in the past, visit museums, enjoy the environment and even go on a food hunt. Talking about food hunt, Melaka strives to keep up with the tourism trend by having insta-worthy cafes and hotspots that people wouldn't want to miss. With that being said, the traffic condition usually gets worse during public and school holidays.

The following shows the residential property transactions in Melaka over the last few years:

There is also good news for Melaka, according to the news, the KAJ Development has regained its port operating licence for the Melaka Gateway and cruise terminal jetty in May 2019. With that being done, Datuk Michelle Ong, CEO of KAJ Development Sdn Bhd told The Star that the international cruise terminal would be completed in September 2020 or earlier with expectation of tourists arriving at the state by cruise ships to spend a minimum of 200 USD each, which would enhance the state's revenue.

Latest Melaka for sale listings:

DateTypeBuilt-upPrice
TodayTerrace750 sfRM295,000
TodayTerrace900 sfRM220,000
TodayShop-Office1,200 sfRM1,620,000
TodayShop-Office1,538 sfRM950,000
TodayShop-Office1,538 sfRM950,000
TodayStudio209 sfRM151,000
TodayTerrace2,713 sfRM450,000
TodayTerrace1,400 sfRM450,000
TodayTerrace1,400 sfRM450,000
TodayAgricultural Land-NA-RM220,000

Latest Melaka for rent listings:

DateTypeBuilt-upRental
TodayTerrace1,000 sfRM850
TodayCondominium900 sfRM1,200
TodayBungalow1,800 sfRM1,800
TodayTerrace1,540 sfRM1,500
TodayTerrace1,540 sfRM1,500
TodayRoom In House-NA-RM550
TodayCondominium1,100 sfRM1,148
TodayBungalow3,000 sfRM3,200
TodayShop-Office1,400 sfRM2,200
TodayShop-Office1,400 sfRM2,200
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