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 302K to RM 1.10 million, and a typical market range of RM 475K to RM 925K.

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

Price per square foot shows a median of RM 426, though individual units vary from RM 185 to RM 667 in the core range. The broader market spans RM 297.00 to RM 555.00, indicating diverse property characteristics. A wider spread (IQR: RM 258.00) and deviation (MAD: RM 241) 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

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Transactions

11 transactions grouped by size

650 sqft
Service Apartment
RM 278,000
Level 19
645 sqft · RM 431 PSF
RM 330,000
Level 6
645 sqft · RM 512 PSF
RM 360,000
Level 6
645 sqft · RM 558 PSF
RM 275,000
Level 17
645 sqft · RM 426 PSF
1,400 sqft
RM 1,550,000
JALAN KLJ 9
1,399 sqft · RM 1,108 PSF
RM 550,000
Level G
1,386 sqft · RM 397 PSF
1,550 sqft
3-Storey Shop
RM 1,300,000
JALAN KLJ 5
1,539 sqft · RM 845 PSF
1,750 sqft
Shop/Retail Lot
RM 700,000
Level G
1,755 sqft · RM 399 PSF
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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