| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Residen 8-7
|
RM 930,000
|
RM 351
|
2,648 sqft
|
|
|
|
Jalan Residen 8 -7
|
RM 978,000
|
RM 369
|
2,648 sqft
|
|
|
Jalan Residen 8-3
|
RM 1,638,000
|
RM 445
|
3,681 sqft
|
|
|
Jalan Residen 8-1
|
RM 1,960,000
|
RM 489
|
4,004 sqft
|
|
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Market Snapshot
ResidentialRM 1,308,000
RM 407 psfMedian transaction price
Padang Temu, 75050 Malacca, Malaysia
MapsTaman Residence Lapan in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 1.31 million and a median price per square foot (PSF) of RM 407.
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 1.31 million, with most transactions falling within a stable range of RM 930K to RM 1.75 million, and a typical market range of RM 1.09 million to RM 1.52 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 407, with core pricing between RM 351 and RM 463. Market pricing typically extends from RM 358.65 to RM 455.65, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 56, 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.