JALAN LAKSAMANA CHENG HO

Area Intelligence
3 subsale transactions
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Median Price
RM 1,150,000
PSF: RM 717

Commercial PSF Trends

Median Price

RM 1,150,000

RM 717 PSF

JALAN LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 717.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 717, with most transactions between RM 692 and RM 742. The usual range is RM 653.75 to RM 780.25, showing that most units are priced quite close to each other. With an IQR of RM 126.50 and MAD of RM 25, 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

OSM

Transactions

3 transactions grouped by size

1,550 sqft
Double Storey Shop
RM 1,150,000
JALAN LAKSAMANA CHENG HO
1,550 sqft · RM 742.00 PSF
May 2023
1,600 sqft
Double Storey Shop
RM 1,150,000
JALAN LAKSAMANA CHENG HO
1,604 sqft · RM 717.00 PSF
Apr 2023
1,850 sqft
Double Storey Shop
RM 900,000
JALAN LAKSAMANA CHENG HO
1,841 sqft · RM 489.00 PSF
Jun 2023