Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA SEC.3

TAMAN KOTA LAKSAMANA SEC.3

Area Intelligence

2024

Median Price

RM 800,000

PSF: RM 364

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Residential PSF Trends

Median Price

RM 760,000

PSF: RM 384

TAMAN KOTA LAKSAMANA SEC.3 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 800K and a median price per square foot (PSF) of RM 364.

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 800K, with most transactions falling within a stable range of RM 720K to RM 882K, and a typical market range of RM 720K to RM 899K.

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

Price per square foot shows a median of RM 364, though individual units vary from RM 274 to RM 454 in the core range. The broader market spans RM 290.91 to RM 436.16, indicating diverse property characteristics. The spread of RM 145.25 (IQR) and deviation of RM 90 (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.3, Melaka Tengah, Melaka

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