TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, sized between 3,000 and 10,000 sqft, with a median price of RM 1.17 million and a median price per square foot (PSF) of RM 308.
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 1.17 million, with most transactions falling within a stable range of RM 933K to RM 1.41 million, and a typical market range of RM 948K to RM 1.40 million.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 308, though individual units vary from RM 176 to RM 440 in the core range. The broader market spans RM 178.76 to RM 436.76, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
