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 227K to RM 374K, and a typical market range of RM 216K to RM 384K.
Most transactions involved town house, with high diversity across multiple property types.
The median PSF stands at RM 319, with core pricing between RM 268 and RM 370. Market pricing typically extends from RM 268.88 to RM 369.13, reflecting moderate variation in unit pricing. The spread of RM 100.25 (IQR) and deviation of RM 51 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
