Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA JAYA

TAMAN KOTA LAKSAMANA JAYA

Area Intelligence

2021

Median Price

RM 330,000

PSF: RM 239

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 528

Commercial PSF Trends

Median Price

RM 330,000

RM 239 PSF

TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced up to RM 500K, with a median price of RM 330K and a median price per square foot (PSF) of RM 239.

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 330K, with most transactions falling within a stable range of RM 300K to RM 360K, and a typical market range of RM 300K to RM 360K.

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

For price per square foot, the median is RM 239, with most transactions between RM 218 and RM 260. The usual range is RM 109.74 to RM 367.74, showing that most units are priced quite close to each other. With an IQR of RM 258.00 and MAD of RM 21, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KOTA LAKSAMANA JAYA, Melaka Tengah, Melaka

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