Pangsapuri Parameswara (Kemajuan Lajak) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM185K and a median price per square foot (PSF) of RM158.

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 RM185K, with most transactions falling within a stable range of RM150K to RM220K, and a typical market range of RM166K to RM205K.

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

The median PSF stands at RM158, with core pricing between RM128 and RM188. Market pricing typically extends from RM139.31 to RM176.06, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.