TAMAN KOTA LAKSAMANA SEC.3

Area Intelligence
5 subsale transactions
2023
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Median Price
RM 880,000
PSF: RM 572

Residential PSF Trends

Median Price

RM 865,000

PSF: RM 562

Commercial PSF Trends

Median Price

RM 2,500,000

RM 1,305 PSF

TAMAN KOTA LAKSAMANA SEC.3 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 880K and a median price per square foot (PSF) of RM 572.

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 880K, with most transactions falling within a stable range of RM 720K to RM 1.55 million, and a typical market range of RM 781K to RM 979K.

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 572, though individual units vary from RM 265 to RM 879 in the core range. The broader market spans RM 499.38 to RM 644.63, indicating diverse property characteristics. A wider spread (IQR: RM 145.25) and deviation (MAD: RM 307) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KOTA LAKSAMANA SEC.3, Melaka Tengah, Melaka

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,550 sqft
Double Storey Terraced
RM 880,000
JALAN KL 3/1 C
1,539 sqft · RM 572.00 PSF
Nov 2023
RM 850,000
JALAN KL 3/1 D
1,539 sqft · RM 552.00 PSF
Oct 2023
RM 910,000
JALAN KL 3/1 D
1,539 sqft · RM 591.00 PSF
Oct 2023
RM 720,000
JALAN KL 3/1
1,539 sqft · RM 468.00 PSF
May 2023
1,900 sqft
3-Storey Shop
RM 2,500,000
JALAN KL 3/15
1,916 sqft · RM 1,305.00 PSF
Jan 2023