| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 100,000
|
RM 163
|
614 sqft
|
|
|
|
Level 11
|
RM 123,000
|
RM 200
|
614 sqft
|
|
|
|
Level 13
|
RM 113,000
|
RM 184
|
614 sqft
|
|
|
|
Level 14
|
RM 87,000
|
RM 142
|
614 sqft
|
|
|
Level 11
|
RM 140,000
|
RM 159
|
883 sqft
|
|
|
|
Level 7
|
RM 150,000
|
RM 168
|
893 sqft
|
|
|
|
Level 5
|
RM 165,000
|
RM 185
|
893 sqft
|
|
|
|
Level 8
|
RM 120,000
|
RM 134
|
893 sqft
|
|
|
|
Level 4
|
RM 129,000
|
RM 146
|
883 sqft
|
|
|
Level 4
|
RM 215,000
|
RM 202
|
1,066 sqft
|
|
|
|
Level 10
|
RM 128,000
|
RM 120
|
1,066 sqft
|
|
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Market Snapshot
ResidentialRM 128,000
RM 163 psfMedian transaction price
20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia
MapsRum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 128K and a median price per square foot (PSF) of RM 163.
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 128K, with most transactions falling within a stable range of RM 95K to RM 161K, and a typical market range of RM 101K to RM 155K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 163, with core pricing between RM 137 and RM 189. Market pricing typically extends from RM 142.50 to RM 183.50, reflecting moderate variation in unit pricing. The spread of RM 41.00 (IQR) and deviation of RM 26 (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.