| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 180,000
|
RM 192
|
936 sqft
|
|
|
|
Level 2
|
RM 220,000
|
RM 232
|
947 sqft
|
|
|
|
Level 1
|
RM 175,000
|
RM 187
|
936 sqft
|
|
|
|
Level 4
|
RM 200,000
|
RM 214
|
936 sqft
|
|
|
Jalan Kenanga 3/15
|
RM 525,000
|
RM 341
|
1,540 sqft
|
|
|
Jalan 3/27A
|
RM 600,000
|
RM 319
|
1,884 sqft
|
|
|
|
Jalan 3/27
|
RM 850,000
|
RM 451
|
1,884 sqft
|
|
|
|
Jalan 3/27A
|
RM 788,000
|
RM 418
|
1,884 sqft
|
|
|
Jalan Kenanga 3/30
|
RM 460,000
|
RM 228
|
2,022 sqft
|
|
Terrace |
|
Jalan Kenanga 3/10A
|
RM 660,000
|
RM 326
|
2,024 sqft
|
|
2-Sty Terrace |
|
Jalan Kenanga 3/10
|
RM 700,000
|
RM 346
|
2,024 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 492,500
RM 230 psfMedian transaction price
Seksyen 3, 21, Jln Kota Laksamana 3/15, Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsSeksyen 3 in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 493K and a median price per square foot (PSF) of RM 319.
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 493K, with most transactions falling within a stable range of RM 210K to RM 775K, and a typical market range of RM 255K to RM 730K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 319, though individual units vary from RM 248 to RM 389 in the core range. The broader market spans RM 222.15 to RM 414.91, indicating diverse property characteristics. The spread of RM 192.75 (IQR) and deviation of RM 71 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.