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
TodayTerrace-NA-RM180,000
TodayHouse-NA-RM1,300,000
TodayHouse2,000 sfRM630,000
TodayHouse4,743 sfRM1,500,000
TodayHouse6,135 sfRM1,469,400
TodaySemi-Detached-NA-RM580,000
TodaySemi-Detached-NA-RM850,000
TodaySemi-Detached-NA-RM888,000
TodaySemi-Detached3,300 sfRM723,000
TodayHouse1,500 sfRM650,000

Latest Melaka for rent listings:

DateTypeBuilt-upRental
TodayRoom In House-NA-RM450
TodayRoom In Apartment-NA-RM220
TodayRoom In Apartment-NA-RM220
TodayRoom In Apartment-NA-RM220
TodayRoom In Apartment-NA-RM220
TodayCondominium854 sfRM1,300
TodayCondominium1,100 sfRM1,200
YesterdayCondominium854 sfRM1,500
YesterdayCondominium1,300 sfRM3,500
YesterdayCondominium689 sfRM1,300

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