TAMAN RESIDENCE LAPAN

Area Intelligence
2021
Median Price
RM 1,503,000
PSF: RM 408

Residential PSF Trends

Median Price

RM 1,503,000

PSF: RM 408

TAMAN RESIDENCE LAPAN in Melaka Tengah, Melaka recorded 10 subsale transactions in 2021, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 408.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.50 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.97 million, and a typical market range of RM 1.30 million to RM 1.71 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 408, with core pricing between RM 355 and RM 460. Market pricing typically extends from RM 359.61 to RM 455.61, reflecting moderate variation in unit pricing. With an IQR of RM 96.00 and MAD of RM 52, 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 RESIDENCE LAPAN, Melaka Tengah, Melaka

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Property Transactions

10 transactions grouped by road

2,648 - 3,681 sqft
RM 850,000
2,648 sqft
RM 321 PSF · Double Storey Terraced
RM 1,468,000
3,595 sqft
RM 408 PSF · Double Storey Semi-D
RM 1,518,000
3,681 sqft
RM 412 PSF · Double Storey Semi-D
RM 1,518,000
3,681 sqft
RM 412 PSF
RM 1,488,000
3,681 sqft
RM 404 PSF
RM 1,488,000
3,681 sqft
RM 404 PSF
RM 2,030,000
4,004 sqft
RM 507 PSF
RM 850,000
2,648 sqft
RM 321 PSF
RM 1,730,000
4,252 sqft
RM 407 PSF
RM 2,527,000
5,522 sqft
RM 458 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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