TAMAN KOTA LAKSAMANA JAYA

Area Intelligence
4 subsale transactions
2021
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Median Price
RM 727,500
PSF: RM 404

Residential PSF Trends

Median Price

RM 340,000

PSF: RM 528

Commercial PSF Trends

Median Price

RM 727,500

RM 404 PSF

TAMAN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 728K and a median price per square foot (PSF) of RM 404.

This area contains both residential and commercial properties. View 8 residential properties or 27 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 728K, with most transactions falling within a stable range of RM 302K to RM 1.15 million, and a typical market range of RM 424K to RM 1.03 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 404, though individual units vary from RM 133 to RM 674 in the core range. The broader market spans RM 264.50 to RM 542.50, indicating diverse property characteristics. A wider spread (IQR: RM 278.00) and deviation (MAD: RM 270) 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.

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TAMAN KOTA LAKSAMANA JAYA, Melaka Tengah, Melaka

OSM

Transactions

4 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,400 sqft
RM 1,250,000
3-Storey Shop JALAN KLJ 9
1,399 sqft · RM 893.00 PSF
Dec 2021
RM 360,000
Shop/Retail Lot Level 1
1,386 sqft · RM 260.00 PSF
Nov 2021
RM 300,000
Office Lot Level 1
1,378 sqft · RM 218.00 PSF
Oct 2021
2,000 sqft
3-Storey Shop
RM 1,095,000
JALAN KLJ 2
2,002 sqft · RM 547.00 PSF
May 2021