Jalan.laksamana Cheng Ho in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM570K and a median price per square foot (PSF) of RM264.

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 RM570K, with most transactions falling within a stable range of RM480K to RM660K, and a typical market range of RM480K to RM888K.

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

Price per square foot shows a median of RM264, though individual units vary from RM183 to RM345 in the core range. The broader market spans RM207.01 to RM321.51, indicating diverse property characteristics. A wider spread (IQR: RM114.50) and deviation (MAD: RM81) indicate significant PSF variations, likely due to diverse property types or conditions.

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.