Taman Residence Lapan

Padang Temu, 75050 Malacca, Malaysia

Property Transactions

13 subsales grouped by size · Semi-D →

Median
RM 1,518,000
PSF
RM 412
Price Size
Period
transactions middle 50% (P25–P75)
2,350 sqft
2-Sty Terrace
RM 1,045,000
Jalan Residen 8-9
2,347 sqft · RM 445 PSF
2,650 sqft
2-Sty Terrace
RM 890,000
Jalan Residen 8-5
2,648 sqft · RM 336 PSF
RM 860,000
Jalan Residen 8-7
2,648 sqft · RM 325 PSF
RM 1,200,000
Jalan Residen 8-7
2,648 sqft · RM 453 PSF
3,700 sqft
Semi-D
RM 1,618,000
Jalan Residen 8-3
3,681 sqft · RM 440 PSF
RM 1,643,000
Jalan Residen 8-3
3,681 sqft · RM 446 PSF
RM 1,250,000
Jalan Residen 8-3
3,681 sqft · RM 340 PSF
RM 1,543,000
Jalan Residen 8-3
3,681 sqft · RM 419 PSF
RM 1,518,000
Jalan Residen 8
3,681 sqft · RM 412 PSF
RM 1,543,000
Jalan Residen 8-2
3,681 sqft · RM 419 PSF
RM 1,518,000
Jalan Residen 8-3
3,681 sqft · RM 412 PSF
5,950 sqft
Semi-D
RM 1,500,000
Jalan Residen 8-7
5,931 sqft · RM 253 PSF
13,700 sqft
Bungalow
RM 5,050,000
Jalan Residen 8-1
13,702 sqft · RM 369 PSF
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Market Snapshot

Residential

RM 1,518,000

RM 412 psf

Median transaction price

Taman Residence Lapan in Melaka Tengah, Melaka recorded 13 subsale transactions in 2022, with a median price of RM 1.52 million and a median price per square foot (PSF) of RM 412.

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 1.52 million, with most transactions falling within a stable range of RM 860K to RM 2.54 million, and a typical market range of RM 1.30 million to RM 1.73 million.

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

The median PSF stands at RM 412, with core pricing between RM 354 and RM 471. Market pricing typically extends from RM 363.86 to RM 460.86, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 58, 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.