JALAN LAKSAMANA CHENG HO

Area Intelligence
2023
Median Price
RM 1,150,000
PSF: RM 334

JALAN LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 334.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.15 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.15 million, and a typical market range of RM 1.09 million to RM 1.15 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 334, with core pricing between RM 300 and RM 368. Market pricing typically extends from RM 270.62 to RM 397.12, reflecting moderate variation in unit pricing. With an IQR of RM 126.50 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN LAKSAMANA CHENG HO, Melaka Tengah, Melaka

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Property Transactions

3 transactions grouped by size

3,450 sqft
Double Storey Shop
RM 900,000
JALAN LAKSAMANA CHENG HO
3,444 sqft · RM 261 PSF
RM 1,150,000
JALAN LAKSAMANA CHENG HO
3,444 sqft · RM 334 PSF
RM 1,150,000
JALAN LAKSAMANA CHENG HO
3,444 sqft · RM 334 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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