| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 200,000
|
RM 204
|
980 sqft
|
|
|
|
Level 5
|
RM 180,000
|
RM 184
|
980 sqft
|
|
|
|
Level 4
|
RM 240,000
|
RM 242
|
990 sqft
|
|
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Market Snapshot
ResidentialRM 220,000
RM 223 psfMedian transaction price
Seksyen 3, 21, Jln Kota Laksamana 3/15, Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsSeksyen 3 in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 220K and a median price per square foot (PSF) of RM 223.
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 220K, with most transactions falling within a stable range of RM 180K to RM 260K, and a typical market range of RM 194K to RM 246K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 223, though individual units vary from RM 163 to RM 283 in the core range. The broader market spans RM 190.56 to RM 255.81, indicating diverse property characteristics. A wider spread (IQR: RM 65.25) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.
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.