| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 250,000
|
RM 298
|
840 sqft
|
|
|
|
Level 1
|
RM 273,000
|
RM 325
|
840 sqft
|
|
|
Level 5
|
RM 210,000
|
RM 212
|
990 sqft
|
|
|
|
Level 2
|
RM 200,000
|
RM 204
|
980 sqft
|
|
|
|
Level 3
|
RM 210,000
|
RM 214
|
980 sqft
|
|
|
|
Level 3
|
RM 258,000
|
RM 263
|
980 sqft
|
|
|
|
Level 4
|
RM 220,000
|
RM 225
|
980 sqft
|
|
|
|
Level 3
|
RM 228,000
|
RM 233
|
980 sqft
|
|
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Market Snapshot
ResidentialRM 224,000
RM 229 psfMedian transaction price
Seksyen 3, 21, Jln Kota Laksamana 3/15, Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsSeksyen 3 in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 224K and a median price per square foot (PSF) of RM 229.
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 224K, with most transactions falling within a stable range of RM 200K to RM 249K, and a typical market range of RM 200K to RM 250K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 229, with core pricing between RM 187 and RM 270. Market pricing typically extends from RM 196.06 to RM 261.31, reflecting moderate variation in unit pricing. The spread of RM 65.25 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.
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.