Jalan Laksamana Cheng Ho

Jln Laksamana Cheng Ho, Melaka, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 1,150,000
PSF
RM 334
Price Size
3,450 sqft
2-Sty 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
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Jalan Laksamana Cheng Ho
© OpenStreetMap · CARTO

Jln Laksamana Cheng Ho, Melaka, Malaysia

Maps

Jalan Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, 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.