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 434.
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 577K to RM 787K, and a typical market range of RM 583K to RM 780K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 434, with core pricing between RM 363 and RM 506. Market pricing typically extends from RM 361.38 to RM 506.63, reflecting moderate variation in unit pricing. The spread of RM 145.25 (IQR) and deviation of RM 72 (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.
