Jalan.laksamana Cheng Ho in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM525K and a median price per square foot (PSF) of RM309.

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 RM525K, with most transactions falling within a stable range of RM480K to RM570K, and a typical market range of RM480K to RM570K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM309, with core pricing between RM264 and RM354. Market pricing typically extends from RM251.84 to RM366.34, reflecting moderate variation in unit pricing. With an IQR of RM114.50 and MAD of RM45, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.