TAMAN RESIDENCE LAPAN

TAMAN RESIDENCE LAPAN in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, sized between 1,000 and 3,000 sqft, with a median price of RM 954K and a median price per square foot (PSF) of RM 360.

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 954K, with most transactions falling within a stable range of RM 850K to RM 1.18 million, and a typical market range of RM 850K to RM 1.16 million.

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

Price per square foot shows a median of RM 360, though individual units vary from RM 273 to RM 447 in the core range. The broader market spans RM 312.28 to RM 408.28, indicating diverse property characteristics. The spread of RM 96.00 (IQR) and deviation of RM 87 (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.