Melaka
Melaka Tengah
Bdr Melaka
TAMAN KOTA LAKSAMANA SEK 1

TAMAN KOTA LAKSAMANA SEK 1

Area Intelligence

2023

Median Price

RM 300,000

PSF: RM 319

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 319

Commercial PSF Trends

Median Price

RM 580,000

RM 372 PSF

TAMAN KOTA LAKSAMANA SEK 1 in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 319.

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 300K, with most transactions falling within a stable range of RM 289K to RM 280K, and a typical market range of RM 255K to RM 280K.

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

For price per square foot, the median is RM 319, with most transactions between RM 309 and RM 329. The usual range is RM 268.88 to RM 369.13, showing that most units are priced quite close to each other. With an IQR of RM 100.25 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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 SEK 1, Melaka Tengah, Melaka

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