Melaka, the third smallest state in Malaysia, is strategically nestled in the southern region of the Malaysian peninsula. Its rich history dates back to its establishment in 1402 by Parameswara, and since then, the state has weathered multiple conquests by the Portuguese, Dutch, and British, as well as a brief occupation by Japan. On April 1, 1946, Melaka became a part of the Malayan Union, paving the way to its modern-day standing. Often termed the "Historical City", Melaka's historical landmarks, such as A Famosa, St. Paul's Church, and Christ Church, draw not just international tourists but also locals. Its cultural and historical significance has been acknowledged globally, earning it the title of a UNESCO World Heritage site, an honour it shares with Georgetown in Penang.
Melaka's rich history is intertwined with fascinating legends, one of which involves the Emperor of China sending Princess Hang Li Po to wed the Sultan of Melaka as a sign of gratitude for his tribute. The nobles and servants who journeyed with the princess took root in Bukit Cina, eventually evolving into a distinctive Straits-born Chinese community known as Peranakan, or more colloquially as Baba-Nyonya. Today, the vibrant Baba-Nyonya culture, heritage, and delectable cuisine are major attractions that beckon tourists to Melaka. Its convenient location, a mere two-hour drive from Kuala Lumpur, makes it a favoured destination for short, historical immersion trips, museum visits, culinary adventures, or simple relaxation within its serene environment.
In addition to its historical charm, Melaka has adeptly kept pace with modern tourism trends, boasting a collection of Instagrammable cafes and hotspots. However, visitors should note that traffic can become congested during public and school holidays, due to the influx of tourists.
The following shows the residential property transactions in Melaka over the last few years:
Significant developments are on the horizon for Melaka as well. As per recent news, KAJ Development has regained its port operating licence for the Melaka Gateway and cruise terminal jetty in May 2019. This marks an important milestone, and as Datuk Michelle Ong, CEO of KAJ Development Sdn Bhd, shared with The Star, the international cruise terminal is set to be completed by September 2020, if not sooner. This new addition is anticipated to draw in tourists arriving by cruise ships, each potentially contributing a minimum of USD200 to the state's revenue, thereby significantly boosting the local economy.
Latest Melaka sale listings:
|22 Nov 2023||Condominium||710 sf||RM267,300|
|1 Dec 2023||Townhouse||836 sf||RM295,000|
Latest Melaka rental listings:
|1 Dec 2023||House Room||-NA-||RM400|
|21 Nov 2023||Master Room||-NA-||RM650|
|1 Dec 2023||House Room||-NA-||RM190|
|1 Dec 2023||Apartment Room||-NA-||RM160|
|1 Dec 2023||Sharing Room||-NA-||RM150|
|1 Dec 2023||House Room||-NA-||RM235|
|1 Dec 2023||Apartment Room||-NA-||RM250|
|1 Dec 2023||Apartment Room||-NA-||RM150|
|1 Dec 2023||House Room||-NA-||RM250|