| Road | Price | PSF | Size | Date | Type |
|---|
|
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
|
|
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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 3 subsale transactions in 2025, 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 140K to RM 160K, and a typical market range of RM 140K to RM 165K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 168, with most transactions between RM 157 and RM 179. The usual range is RM 147.40 to RM 188.40, 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 11 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.