| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Laksamana Cheng Ho 1
|
RM 580,000
|
RM 357
|
1,625 sqft
|
|
|
|
Jalan Laksamana Cheng Ho 5
|
RM 600,000
|
RM 369
|
1,625 sqft
|
|
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20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia
MapsTaman Indah Permai (Laksamana Cheng Ho) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 590K and a median price per square foot (PSF) of RM 363.
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 590K, with most transactions falling within a stable range of RM 580K to RM 600K, and a typical market range of RM 580K to RM 600K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 363, with most transactions between RM 357 and RM 369. The usual range is RM 338.00 to RM 388.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.