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
TodayStudio463 sfRM283,500
TodayCondominium1,265 sfRM486,000
TodayCondominium854 sfRM325,000
TodayShop-Office1,626 sfRM162,600
TodayCondominium1,152 sfRM287,600
TodayTownhouse1,087 sfRM207,000
TodayShop-Office4,412 sfRM810,000
TodayShop-Office4,115 sfRM495,000
TodayTerrace400 sfRM171,000
YesterdayHouse645 sfRM85,000

Latest Melaka for rent listings:

DateTypeBuilt-upRental
TodayRetail205 sfRM2,400
TodayRoom In House-NA-RM650
YesterdayRoom In Apartment-NA-RM200
YesterdayRoom In Apartment-NA-RM500
YesterdayRoom In Apartment-NA-RM500
YesterdayRoom In House-NA-RM450
YesterdayRoom In House-NA-RM450
YesterdayRoom In House-NA-RM200
YesterdayRoom In Apartment-NA-RM350
12-Nov-19Room In Apartment-NA-RM500

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