Melaka
Melaka Tengah
Bdr Melaka
TAMAN 1 LAGENDA

TAMAN 1 LAGENDA

Area Intelligence

2021

Median Price

RM 990,000

PSF: RM 233

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Commercial PSF Trends

Median Price

RM 990,000

RM 233 PSF

TAMAN 1 LAGENDA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 750K and RM 1.00 million, with a median price of RM 990K and a median price per square foot (PSF) of RM 233.

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 990K, with most transactions falling within a stable range of RM 980K to RM 1.00 million, and a typical market range of RM 980K to RM 1.00 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 233, though individual units vary from RM 158 to RM 309 in the core range. The broader market spans RM 136.56 to RM 330.06, indicating diverse property characteristics. A wider spread (IQR: RM 193.50) and deviation (MAD: RM 75) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN 1 LAGENDA, Melaka Tengah, Melaka

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