TMN 1 LAGENDA
Commercial Market
Median Price
RM 640,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
8 properties
Median Price
RM 882,500
-17.1% CAGR
Median PSF
RM 522.25
-16.9% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 1,968,000
Median PSF
RM 958.50
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 8 |
RM 882,500
±273K MAD
|
-17.14% |
RM 522.25
±159 MAD
|
-16.88% | |
3-Storey Storey Shop | 2 |
RM 1,968,000
|
- |
RM 958.50
|
- |
TMN 1 LAGENDA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 640K and a median price per square foot (PSF) of RM 381.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 381, with most transactions between RM 381 and RM 381. The usual range is RM 284.25 to RM 477.75, showing that most units are priced quite close to each other. With an IQR of RM 193.50 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Shop |
JLN LAGENDA 5
|
RM 640,000
|
RM 381.00
|
1,679 sqft
|
Aug 2024
|