| LIST.MY · Seksyen 3 | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 3
|
RM180,000
|
RM192
|
936 sqft
|
|
Flat |
|
Level 2
|
RM220,000
|
RM232
|
947 sqft
|
|
Flat |
|
Jalan 3/27A
|
RM600,000
|
RM319
|
1,884 sqft
|
|
2-Sty Terrace |
|
Level 1
|
RM175,000
|
RM187
|
936 sqft
|
|
Flat |
|
Jalan Kenanga 3/10A
|
RM660,000
|
RM326
|
2,024 sqft
|
|
2-Sty Terrace |
Selling in Seksyen 3? Homes here sold for a median of RM220,000.
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Seksyen 3
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Market Snapshot
ResidentialRM220,000
RM232 psfMedian transaction price
Seksyen 3, 21, Jln Kota Laksamana 3/15, Taman Kota Laksamana, 75200 Malacca, Malaysia
MapsSeksyen 3 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM220K and a median price per square foot (PSF) of RM232.
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 RM220K, with most transactions falling within a stable range of RM175K to RM436K, and a typical market range of RM175K to RM458K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM232, though individual units vary from RM172 to RM292 in the core range. The broader market spans RM135.89 to RM328.64, indicating diverse property characteristics. A wider spread (IQR: RM192.75) and deviation (MAD: RM60) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.