| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Lagenda 5
|
RM 640,000
|
RM 202
|
3,175 sqft
|
|
|
|
Jalan Taman 1 - Lagenda
|
RM 580,000
|
RM 183
|
3,175 sqft
|
|
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Market Snapshot
CommercialRM 610,000
RM 192 psfMedian transaction price
Jln Pokok Mangga 22, Melaka, Malaysia
MapsTaman 1 Lagenda in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 610K and a median price per square foot (PSF) of RM 192.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 610K, with most transactions falling within a stable range of RM 580K to RM 640K, and a typical market range of RM 580K to RM 640K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 192, with most transactions between RM 183 and RM 202. The usual range is RM 95.35 to RM 288.85, showing that most units are priced quite close to each other. With an IQR of RM 193.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
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.