Area Intelligence

TMN KOTA LAKSAMANA JAYA

11 properties
2023
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Median Price
RM 700,000
PSF: RM 426

Residential Market

Median Price

RM 304,000

IQR: RM 55
MAD: RM 23
RM 472 PSF 0.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 800,000

IQR: RM 418
MAD: RM 139
RM 399 PSF 0.0%

PSF Trends (2021-2025)

TMN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 426.

This area contains both residential and commercial properties. View 8 residential properties or 27 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 302K to RM 1.10 million, and a typical market range of RM 396K to RM 1.00 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 426, though individual units vary from RM 185 to RM 667 in the core range. The broader market spans RM 287.00 to RM 565.00, indicating diverse property characteristics. A wider spread (IQR: RM 278.00) and deviation (MAD: RM 241) 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.

Area Location

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TMN KOTA LAKSAMANA JAYA, Melaka Tengah, Melaka

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Transactions

11 properties found

3-Storey Storey Shop JLN KLJ 5
RM 1,300,000
1,539 sqft Dec 2023
RM 845.00 PSF
3-Storey Storey Shop JLN KLJ 9
RM 1,550,000
1,399 sqft Nov 2023
RM 1,108.00 PSF
3-Storey Storey Shop KLJ 5
RM 750,000
3,080 sqft Oct 2023
RM 244.00 PSF
Service Apartment
RM 278,000
645 sqft Aug 2023
RM 431.00 PSF
Shop/Retail Lot
RM 800,000
1,948 sqft Jun 2023
RM 411.00 PSF
Service Apartment
RM 330,000
645 sqft May 2023
RM 512.00 PSF
Service Apartment
RM 360,000
645 sqft Mar 2023
RM 558.00 PSF
Shop/Retail Lot
RM 550,000
1,386 sqft Mar 2023
RM 397.00 PSF
Shop/Retail Lot
RM 700,000
1,755 sqft Mar 2023
RM 399.00 PSF
Service Apartment
RM 275,000
645 sqft Feb 2023
RM 426.00 PSF
Double Storey Shop JLN KLJ 1-C MARINA 9
RM 800,000
2,772 sqft Jan 2023
RM 289.00 PSF