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 248

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 432,500

PSF: RM 248

TAMAN KOTA LAKSAMANA SEC.2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 433K and a median price per square foot (PSF) of RM 248.

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.

For price per square foot, the median is RM 248, with most transactions between RM 242 and RM 254. The usual range is RM 186.16 to RM 309.91, showing that most units are priced quite close to each other. With an IQR of RM 123.75 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

TAMAN KOTA LAKSAMANA SEC.2, Melaka Tengah, Melaka

OSM