TAMAN KOTA LAKSAMANA JAYA

Area Intelligence
2023
Median Price
RM 700,000
PSF: RM 426

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 750K to RM 724K, and a typical market range of RM 750K to RM 800K.

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

The median PSF stands at RM 426, with core pricing between RM 355 and RM 497. Market pricing typically extends from RM 297.00 to RM 555.00, reflecting moderate variation in unit pricing. The spread of RM 258.00 (IQR) and deviation of RM 71 (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.

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TAMAN KOTA LAKSAMANA JAYA, Melaka Tengah, Melaka

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Transactions

3 transactions grouped by size

1,950 sqft
Shop/Retail Lot
RM 800,000
Level G
1,948 sqft · RM 411 PSF
2,750 sqft
Double Storey Shop
RM 800,000
JALAN KLJ 1-C MARINA 9
2,772 sqft · RM 289 PSF
3,100 sqft
3-Storey Shop
RM 750,000
KLJ 5
3,080 sqft · RM 244 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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