Melaka
Melaka Tengah
Bdr Melaka
TAMAN 1 LAGENDA

TAMAN 1 LAGENDA

Area Intelligence

2024

Median Price

RM 640,000

PSF: RM 202

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Commercial PSF Trends

Median Price

RM 640,000

RM 202 PSF

TAMAN 1 LAGENDA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 640K and a median price per square foot (PSF) of RM 202.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 202, with most transactions between RM 202 and RM 202. The usual range is RM 104.80 to RM 298.30, showing that most units are priced quite close to each other. With an IQR of RM 193.50 and MAD of RM 0, 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.

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TAMAN 1 LAGENDA, Melaka Tengah, Melaka

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