| 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 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 340,000
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 10 subsale transactions between 2021 and 2026, with a median price of RM 340K and a median price per square foot (PSF) of RM 230.
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 340K, with most transactions falling within a stable range of RM 138K to RM 553K, and a typical market range of RM 138K to RM 578K.
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 230, though individual units vary from RM 158 to RM 302 in the core range. The broader market spans RM 133.51 to RM 326.26, indicating diverse property characteristics. A wider spread (IQR: RM 192.75) and deviation (MAD: RM 72) indicate significant PSF variations, likely due to diverse property types or conditions.
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.