| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 11
|
RM 140,000
|
RM 159
|
883 sqft
|
|
|
|
Level 7
|
RM 150,000
|
RM 168
|
893 sqft
|
|
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Market Snapshot
ResidentialRM 140,000
RM 163 psfMedian transaction price
20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia
MapsRum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 140K 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 140K, with most transactions falling within a stable range of RM 118K to RM 150K, and a typical market range of RM 113K to RM 150K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 163, with most transactions between RM 159 and RM 167. The usual range is RM 142.50 to RM 183.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.