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Pangsapuri Laksamana Cheng Ho, Melaka, Malaysia
MapsPangsapuri Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM 243K and a median price per square foot (PSF) of RM 211.
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 243K, with most transactions falling within a stable range of RM 220K to RM 265K, and a typical market range of RM 231K to RM 254K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 211, with most transactions between RM 193 and RM 230. The usual range is RM 198.08 to RM 224.83, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.75 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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.