| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 3/15
|
RM 525,000
|
RM 341
|
1,540 sqft
|
|
|
Jalan Kenanga 3/30
|
RM 460,000
|
RM 228
|
2,022 sqft
|
|
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Market Snapshot
ResidentialRM 492,500
RM 284 psfMedian transaction price
Seksyen 3, 21, Jln Kota Laksamana 3/15, Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsSeksyen 3 in Melaka Tengah, Melaka recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 493K and a median price per square foot (PSF) of RM 284.
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 460K to RM 525K, and a typical market range of RM 460K to RM 525K.
Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 284, with core pricing between RM 228 and RM 341. Market pricing typically extends from RM 187.83 to RM 380.59, reflecting moderate variation in unit pricing. The spread of RM 192.75 (IQR) and deviation of RM 57 (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.