Pangsapuri Parameswara (Kemajuan Lajak) in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM209K and a median price per square foot (PSF) of RM188.

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 RM209K, with most transactions falling within a stable range of RM188K to RM230K, and a typical market range of RM190K to RM229K.

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

The median PSF stands at RM188, with core pricing between RM158 and RM218. Market pricing typically extends from RM169.14 to RM205.89, reflecting moderate variation in unit pricing. The spread of RM36.75 (IQR) and deviation of RM30 (MAD) suggest moderate price variations reflecting different property features.

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.