TAMAN KOTA LAKSAMANA JAYA

Area Intelligence
11 subsale transactions
2023
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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 27 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 396K to RM 1.00 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 426, though individual units vary from RM 185 to RM 667 in the core range. The broader market spans RM 287.00 to RM 565.00, indicating diverse property characteristics. A wider spread (IQR: RM 278.00) 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

OSM

Transactions

11 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
650 sqft
Service Apartment
RM 278,000
Level 19
645 sqft · RM 431.00 PSF
Aug 2023
RM 330,000
Level 6
645 sqft · RM 512.00 PSF
May 2023
RM 360,000
Level 6
645 sqft · RM 558.00 PSF
Mar 2023
RM 275,000
Level 17
645 sqft · RM 426.00 PSF
Feb 2023
1,400 sqft
RM 1,550,000
3-Storey Shop JALAN KLJ 9
1,399 sqft · RM 1,108.00 PSF
Nov 2023
RM 550,000
Shop/Retail Lot Level G
1,386 sqft · RM 397.00 PSF
Mar 2023
1,550 sqft
3-Storey Shop
RM 1,300,000
JALAN KLJ 5
1,539 sqft · RM 845.00 PSF
Dec 2023
1,750 sqft
Shop/Retail Lot
RM 700,000
Level G
1,755 sqft · RM 399.00 PSF
Mar 2023
1,950 sqft
Shop/Retail Lot
RM 800,000
Level G
1,948 sqft · RM 411.00 PSF
Jun 2023
2,750 sqft
Double Storey Shop
RM 800,000
JALAN KLJ 1-C MARINA 9
2,772 sqft · RM 289.00 PSF
Jan 2023
3,100 sqft
3-Storey Shop
RM 750,000
KLJ 5
3,080 sqft · RM 244.00 PSF
Oct 2023