TAMAN RESIDENCE LAPAN

TAMAN RESIDENCE LAPAN in Melaka Tengah, Melaka recorded 20 subsale transactions between 2021 and 2025, sized between 3,000 and 10,000 sqft, with a median price of RM 1.54 million and a median price per square foot (PSF) of RM 416.

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 1.54 million, with most transactions falling within a stable range of RM 1.26 million to RM 1.83 million, and a typical market range of RM 1.34 million to RM 1.75 million.

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

The median PSF stands at RM 416, with core pricing between RM 353 and RM 478. Market pricing typically extends from RM 367.75 to RM 463.75, reflecting moderate variation in unit pricing. The spread of RM 96.00 (IQR) and deviation of RM 62 (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. Moderate transaction volume may require patience when buying or selling.