Rum Pangsa Laksamana Cheng Ho

20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM130,000
PSF
RM171
Price Size
Period
transactions middle 50% (P25–P75)
RM105,000
Level 6
614 sqft · RM171 PSF
RM105,000
Level 14
614 sqft · RM171 PSF
RM86,000
Level 3
614 sqft · RM140 PSF
RM180,000
Level 10
883 sqft · RM204 PSF
RM175,000
Level 5
893 sqft · RM196 PSF
RM168,000
Level 3
893 sqft · RM188 PSF
RM130,000
Level 10
883 sqft · RM147 PSF
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Market Snapshot

Residential

RM130,000

RM171 psf

Median transaction price

Rum Pangsa Laksamana Cheng Ho
© OpenStreetMap · CARTO

20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia

Maps

Rum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM130K 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. The median price is RM130K, with most transactions falling within a stable range of RM94K to RM166K, and a typical market range of RM103K to RM157K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM171, with core pricing between RM149 and RM193. Market pricing typically extends from RM150.64 to RM191.64, reflecting moderate variation in unit pricing. With an IQR of RM41.00 and MAD of RM22, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.