TAMAN KOTA LAKSAMANA SEK 1

TAMAN KOTA LAKSAMANA SEK 1 in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 300K and a median price per square foot (PSF) of RM 278.

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 249K to RM 350K, and a typical market range of RM 216K to RM 350K.

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

Price per square foot shows a median of RM 278, though individual units vary from RM 208 to RM 347 in the core range. The broader market spans RM 227.52 to RM 327.77, indicating diverse property characteristics. A wider spread (IQR: RM 100.25) and deviation (MAD: RM 70) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.