Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA SEC.3

TAMAN KOTA LAKSAMANA SEC.3

Area Intelligence

2022

Median Price

RM 681,500

PSF: RM 344

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Residential PSF Trends

Median Price

RM 681,500

PSF: RM 344

TAMAN KOTA LAKSAMANA SEC.3 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 682K and a median price per square foot (PSF) of RM 344.

This area contains both residential and commercial properties. View 11 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 682K, with most transactions falling within a stable range of RM 660K to RM 720K, and a typical market range of RM 660K to RM 760K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 344, with most transactions between RM 325 and RM 363. The usual range is RM 271.47 to RM 416.72, showing that most units are priced quite close to each other. With an IQR of RM 145.25 and MAD of RM 19, 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.

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TAMAN KOTA LAKSAMANA SEC.3, Melaka Tengah, Melaka

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