JALAN.LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 345.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 390K to RM 570K, and a typical market range of RM 163K to RM 798K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 345, though individual units vary from RM 264 to RM 426 in the core range. The broader market spans RM 287.75 to RM 402.25, indicating diverse property characteristics. The spread of RM 114.50 (IQR) and deviation of RM 81 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
