Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA JAYA

TAMAN KOTA LAKSAMANA JAYA

Area Intelligence

2023

Median Price

RM 700,000

PSF: RM 426

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Residential PSF Trends

Median Price

RM 304,000

PSF: RM 472

Commercial PSF Trends

Median Price

RM 800,000

RM 399 PSF

TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 426.

This area contains both residential and commercial properties. View 8 residential properties or 29 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 699K to RM 278K, and a typical market range of RM 475K to RM 278K.

Most transactions involved shop unit/retail lot, with high diversity across multiple property types.

For price per square foot, the median is RM 426, with most transactions between RM 424 and RM 429. The usual range is RM 297.00 to RM 555.00, showing that most units are priced quite close to each other. With an IQR of RM 258.00 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN KOTA LAKSAMANA JAYA, Melaka Tengah, Melaka

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