JLN LAKSAMANA CHENG HO

JLN LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 717.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 717, with most transactions between RM 692 and RM 742. The usual range is RM 653.75 to RM 780.25, showing that most units are priced quite close to each other. With an IQR of RM 126.50 and MAD of RM 25, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.