Rum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 1 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM105K and a median price per square foot (PSF) of RM171.

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

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

Within the Condo/Apartment category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM171, with most transactions between RM171 and RM171. The usual range is RM150.64 to RM191.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM41.00 and an average deviation (MAD) of RM0 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.