| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 310,000
|
RM 285
|
1,087 sqft
|
|
|
Jalan Kota Laksamana 2/16
|
RM 750,000
|
RM 347
|
2,164 sqft
|
|
|
Jalan Kota Laksamana 2/13
|
RM 900,000
|
RM 387
|
2,325 sqft
|
|
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Market Snapshot
ResidentialRM 750,000
RM 347 psfMedian transaction price
Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsTaman Kota Laksamana Sec.2 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 347.
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 750K, with most transactions falling within a stable range of RM 500K to RM 900K, and a typical market range of RM 575K to RM 900K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 347, with core pricing between RM 305 and RM 389. Market pricing typically extends from RM 284.78 to RM 408.53, reflecting moderate variation in unit pricing. With an IQR of RM 123.75 and MAD of RM 42, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.