Taman Residence Lapan

Padang Temu, 75050 Malacca, Malaysia

Property Transactions

10 subsales grouped by size · Semi-D →

Median
RM 1,503,000
PSF
RM 408
Price Size
2,650 sqft
2-Sty Terrace
RM 850,000
Jalan Residen 8-7
2,648 sqft · RM 321 PSF
RM 850,000
Jalan Residen 8-9
2,648 sqft · RM 321 PSF
3,600 sqft
Semi-D
RM 1,468,000
Jalan Residen 8-9
3,595 sqft · RM 408 PSF
3,700 sqft
Semi-D
RM 1,518,000
Jalan Residen 8
3,681 sqft · RM 412 PSF
RM 1,488,000
Jalan Residen 8
3,681 sqft · RM 404 PSF
RM 1,488,000
Jalan Residen 8
3,681 sqft · RM 404 PSF
RM 1,518,000
Jalan Residen 8-9
3,681 sqft · RM 412 PSF
4,000 sqft
Semi-D
RM 2,030,000
Jalan Residen 8-1
4,004 sqft · RM 507 PSF
4,250 sqft
Semi-D
RM 1,730,000
Jalan Residen
4,252 sqft · RM 407 PSF
5,500 sqft
Bungalow
RM 2,527,000
Jalan Residen 8-2
5,522 sqft · RM 458 PSF
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Market Snapshot

Residential

RM 1,503,000

RM 408 psf

Median transaction price

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 1.29 million to RM 1.72 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 359.11 to RM 456.11, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 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.