| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 80,000
|
RM 201
|
398 sqft
|
|
|
|
Level 2
|
RM 46,000
|
RM 116
|
398 sqft
|
|
|
Level 1
|
RM 98,000
|
RM 179
|
549 sqft
|
|
|
|
Level 2
|
RM 120,000
|
RM 219
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 89,000
RM 190 psfMedian transaction price
Pangsapuri Kota Laksamana Utama, Taman Mahajaya, 75200 Melaka, Malaysia
MapsPangsapuri Kota Laksamana Utama in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 89K and a median price per square foot (PSF) of RM 190.
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 89K, with most transactions falling within a stable range of RM 62K to RM 116K, and a typical market range of RM 74K to RM 104K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 190, though individual units vary from RM 151 to RM 229 in the core range. The broader market spans RM 162.70 to RM 216.70, indicating diverse property characteristics. The spread of RM 54.00 (IQR) and deviation of RM 39 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.