TAMAN 1 LAGENDA

TAMAN 1 LAGENDA in Melaka Tengah, Melaka recorded 8 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.09 million and a median price per square foot (PSF) of RM 644.

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 1.09 million, with most transactions falling within a stable range of RM 828K to RM 1.30 million, and a typical market range of RM 939K to RM 1.24 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 644, though individual units vary from RM 487 to RM 800 in the core range. The broader market spans RM 546.75 to RM 740.25, indicating diverse property characteristics. The spread of RM 193.50 (IQR) and deviation of RM 156 (MAD) suggest moderate price variations reflecting different property features.

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.