Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA SEK 1

TAMAN KOTA LAKSAMANA SEK 1

Area Intelligence

2024

Median Price

RM 570,000

PSF: RM 260

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 367

Commercial PSF Trends

Median Price

RM 540,000

RM 227 PSF

TAMAN KOTA LAKSAMANA SEK 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, priced between RM 500K and RM 1.00 million, with a median price of RM 570K and a median price per square foot (PSF) of RM 260.

This area contains both residential and commercial properties. View 35 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 570K, with most transactions falling within a stable range of RM 500K to RM 710K, and a typical market range of RM 500K to RM 654K.

Most transactions involved town house, with high diversity across multiple property types.

Price per square foot shows a median of RM 260, though individual units vary from RM 199 to RM 322 in the core range. The broader market spans RM 210.25 to RM 310.50, indicating diverse property characteristics. The spread of RM 100.25 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KOTA LAKSAMANA SEK 1, Melaka Tengah, Melaka

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