|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 11
|
RM 140,000
|
RM 159
|
883 sqft
|
|
Flat |
|
Level 7
|
RM 150,000
|
RM 168
|
893 sqft
|
|
Flat |
|
Level 5
|
RM 165,000
|
RM 185
|
893 sqft
|
|
Flat |
| 2024 | |||||
|
Level 8
|
RM 120,000
|
RM 134
|
893 sqft
|
|
Flat |
| 2023 | |||||
|
Level 4
|
RM 129,000
|
RM 146
|
883 sqft
|
|
Flat |
| 2022 | |||||
|
Level 10
|
RM 180,000
|
RM 204
|
883 sqft
|
|
LC Flat |
|
Level 5
|
RM 175,000
|
RM 196
|
893 sqft
|
|
Flat |
|
Level 3
|
RM 168,000
|
RM 188
|
893 sqft
|
|
Flat |
|
Level 10
|
RM 130,000
|
RM 147
|
883 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 150,000
RM 168 psfMedian transaction price
20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia
MapsRum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 150K and a median price per square foot (PSF) of RM 168.
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 150K, with most transactions falling within a stable range of RM 129K to RM 171K, and a typical market range of RM 123K to RM 177K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 168, with core pricing between RM 145 and RM 191. Market pricing typically extends from RM 147.40 to RM 188.40, reflecting moderate variation in unit pricing. With an IQR of RM 41.00 and MAD of RM 23, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.