Area Intelligence

TMN 1 LAGENDA

10 properties
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Median Price
RM 1,215,000
PSF: RM 723

Commercial Market

Median Price

RM 1,215,000

IQR: RM 194
MAD: RM 113
RM 723 PSF 16.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN 1 LAGENDA in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 723.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.22 million, with most transactions falling within a stable range of RM 1.02 million to RM 1.41 million, and a typical market range of RM 1.06 million to RM 1.37 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 723, with core pricing between RM 610 and RM 836. Market pricing typically extends from RM 626.25 to RM 819.75, reflecting moderate variation in unit pricing. The spread of RM 193.50 (IQR) and deviation of RM 113 (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.

Area Location

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TMN 1 LAGENDA, Melaka Tengah, Melaka

OSM

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Transactions

10 properties found

Double Storey Shop JLN LAGENDA 5
RM 640,000
1,679 sqft Aug 2024
RM 381.00 PSF
Double Storey Shop JLN TMN 1 - LAGENDA
RM 580,000
1,679 sqft Nov 2023
RM 345.00 PSF
Double Storey Shop JLN TMN 1 - LAGENDA
RM 1,300,000
1,681 sqft Aug 2022
RM 773.00 PSF
3-Storey Storey Shop JLN LAGENDA 1
RM 2,550,000
2,303 sqft Aug 2022
RM 1,107.00 PSF
Double Storey Shop JLN TMN 1- LAGENDA
RM 1,180,000
1,679 sqft Jun 2022
RM 703.00 PSF
3-Storey Storey Shop JLN TMN 1 - LAGENDA
RM 1,386,000
1,711 sqft Apr 2022
RM 810.00 PSF
Double Storey Shop JLN LAGENDA 1
RM 1,000,000
1,760 sqft Sep 2021
RM 568.00 PSF
Double Storey Shop JLN TMN 1 - LAGENDA
RM 1,250,000
1,681 sqft Sep 2021
RM 743.00 PSF
Double Storey Shop JLN TMN 1 -LAGENDA
RM 1,250,000
1,681 sqft Sep 2021
RM 743.00 PSF
Double Storey Shop JLN TMN 1 - LAGENDA
RM 980,000
1,679 sqft Mar 2021
RM 584.00 PSF