| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Residen 8-7
|
RM 1,560,000
|
RM 589
|
2,648 sqft
|
|
|
Jalan Residen 8-12
|
RM 1,800,000
|
RM 501
|
3,595 sqft
|
|
|
Jalan Residen 8
|
RM 1,968,000
|
RM 535
|
3,681 sqft
|
|
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Market Snapshot
ResidentialRM 1,800,000
RM 535 psfMedian transaction price
Padang Temu, 75050 Malacca, Malaysia
MapsTaman Residence Lapan in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 535.
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 1.80 million, with most transactions falling within a stable range of RM 1.63 million to RM 1.97 million, and a typical market range of RM 1.59 million to RM 1.97 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 535, with most transactions between RM 498 and RM 571. The usual range is RM 486.10 to RM 583.10, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.