Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA SEC.2

TAMAN KOTA LAKSAMANA SEC.2

Area Intelligence

2023

Median Price

RM 530,000

PSF: RM 354

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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 354

TAMAN KOTA LAKSAMANA SEC.2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 354.

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 530K, with most transactions falling within a stable range of RM 310K to RM 750K, and a typical market range of RM 355K to RM 705K.

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

The median PSF stands at RM 354, with core pricing between RM 285 and RM 422. Market pricing typically extends from RM 291.63 to RM 415.38, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 69 (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. Some price volatility exists, making thorough market research essential before transacting. 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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