TAMAN KOTA LAKSAMANA JAYA

TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 750K and a median price per square foot (PSF) of RM 397.

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 750K, with most transactions falling within a stable range of RM 657K to RM 800K, and a typical market range of RM 550K to RM 800K.

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

The median PSF stands at RM 397, with core pricing between RM 328 and RM 465. Market pricing typically extends from RM 267.84 to RM 525.84, reflecting moderate variation in unit pricing. The spread of RM 258.00 (IQR) and deviation of RM 68 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.