| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kota Laksamana 2/3
|
RM 350,000
|
RM 227
|
1,539 sqft
|
|
|
Jalan Kota Laksamana 2/9
|
RM 580,000
|
RM 317
|
1,830 sqft
|
|
|
Jalan Kota Laksamana 2/16
|
RM 750,000
|
RM 347
|
2,164 sqft
|
|
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Market Snapshot
ResidentialRM 580,000
RM 317 psfMedian transaction price
Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsTaman Kota Laksamana Sec.2 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 317.
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 580K, with most transactions falling within a stable range of RM 416K to RM 744K, and a typical market range of RM 405K to RM 750K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 317, with core pricing between RM 266 and RM 368. Market pricing typically extends from RM 255.08 to RM 378.84, reflecting moderate variation in unit pricing. The spread of RM 123.75 (IQR) and deviation of RM 51 (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.