| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 200,000
|
RM 204
|
980 sqft
|
|
|
|
Level 5
|
RM 180,000
|
RM 184
|
980 sqft
|
|
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Market Snapshot
ResidentialRM 190,000
RM 194 psfMedian transaction price
Seksyen 3, 21, Jln Kota Laksamana 3/15, Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsSeksyen 3 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 190K and a median price per square foot (PSF) of RM 194.
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 190K, with most transactions falling within a stable range of RM 180K to RM 200K, and a typical market range of RM 180K to RM 200K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 194, with most transactions between RM 184 and RM 204. The usual range is RM 161.38 to RM 226.63, showing that most units are priced quite close to each other. With an IQR of RM 65.25 and MAD of RM 10, 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.