Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 1
|
RM 310,000
|
RM 224
|
1,386 sqft
|
|
Office |
|
Level 1
|
RM 272,000
|
RM 197
|
1,378 sqft
|
|
Office |
|
Level G
|
RM 558,000
|
RM 403
|
1,386 sqft
|
|
Shop |
| 2023 | |||||
|
Level G
|
RM 550,000
|
RM 397
|
1,386 sqft
|
|
Shop |
| 2022 | |||||
|
Level G
|
RM 500,000
|
RM 361
|
1,386 sqft
|
|
Shop |
|
Level 1
|
RM 298,000
|
RM 215
|
1,386 sqft
|
|
Shop |
| 2021 | |||||
|
Level 1
|
RM 360,000
|
RM 260
|
1,386 sqft
|
|
Shop |
|
Level 1
|
RM 300,000
|
RM 218
|
1,378 sqft
|
|
Office |
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Market Snapshot
CommercialRM 335,000
RM 242 psfMedian transaction price
18, Jalan KJ 1, TAMAN KOTA LAKSAMANA JAYA75260 Melaka, Malaysia
MapsTaman Kota Laksamana Jaya in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM 335K and a median price per square foot (PSF) of RM 242.
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 335K, with most transactions falling within a stable range of RM 272K to RM 449K, and a typical market range of RM 272K to RM 558K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 242, though individual units vary from RM 160 to RM 324 in the core range. The broader market spans RM 112.71 to RM 370.71, indicating diverse property characteristics. A wider spread (IQR: RM 258.00) and deviation (MAD: RM 82) 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.