Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan KL 3/1
|
RM 720,000
|
RM 364
|
1,981 sqft
|
|
|
Jalan KL 3/1 C
|
RM 880,000
|
RM 305
|
2,885 sqft
|
|
|
|
Jalan KL 3/1 D
|
RM 850,000
|
RM 295
|
2,885 sqft
|
|
|
|
Jalan KL 3/1 D
|
RM 910,000
|
RM 315
|
2,885 sqft
|
|
|
Jalan KL 3/15
|
RM 2,500,000
|
RM 477
|
5,242 sqft
|
|
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Market Snapshot
ResidentialRM 865,000
RM 310 psfMedian transaction price
Malacca, Malaysia
MapsTaman 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 315.
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 315, though individual units vary from RM 248 to RM 383 in the core range. The broader market spans RM 242.83 to RM 388.08, indicating diverse property characteristics. The spread of RM 145.25 (IQR) and deviation of RM 67 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.