Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA SEC.2

TAMAN KOTA LAKSAMANA SEC.2

Area Intelligence

2021

Median Price

RM 432,500

PSF: RM 288

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Residential PSF Trends

Median Price

RM 432,500

PSF: RM 288

TAMAN KOTA LAKSAMANA SEC.2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 433K and a median price per square foot (PSF) of RM 288.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 433K, with most transactions falling within a stable range of RM 315K to RM 550K, and a typical market range of RM 315K to RM 550K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 288, with core pricing between RM 242 and RM 334. Market pricing typically extends from RM 226.13 to RM 349.88, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

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 SEC.2, Melaka Tengah, Melaka

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