Area Intelligence

PANGSAPURI LAKSAMANA CHENG HO II

4 properties
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Median Price
RM 267,500
PSF: RM 234

Residential Market

Median Price

RM 267,500

IQR: RM 27
MAD: RM 23
RM 234 PSF 20.0%

PSF Trends (2021-2025)

PANGSAPURI LAKSAMANA CHENG HO II in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 268K and a median price per square foot (PSF) of RM 234.

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 268K, with most transactions falling within a stable range of RM 250K to RM 285K, and a typical market range of RM 256K to RM 279K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 234, with most transactions between RM 212 and RM 257. The usual range is RM 220.63 to RM 247.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.75 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.

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.

Area Location

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PANGSAPURI LAKSAMANA CHENG HO II, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,000 sqft
1 units Condo/Apartment
RM 270,000
980 sqft · RM 276.00 PSF
May 2024
1,150 sqft
2 units Condo/Apartment
RM 265,000
1,152 sqft · RM 230.00 PSF
Sep 2023
RM 220,000
1,141 sqft · RM 193.00 PSF
Apr 2023
1,250 sqft
1 units Condo/Apartment
RM 300,000
1,259 sqft · RM 238.00 PSF
May 2023