TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 304K and a median price per square foot (PSF) of RM 472.
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 304K, with most transactions falling within a stable range of RM 64K to RM 544K, and a typical market range of RM 79K to RM 529K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 472, though individual units vary from RM 340 to RM 604 in the core range. The broader market spans RM 342.50 to RM 600.50, indicating diverse property characteristics. A wider spread (IQR: RM 258.00) and deviation (MAD: RM 132) 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.
