Area Intelligence

TMN KOTA LAKSAMANA JAYA

4 properties
2021
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Median Price
RM 727,500
PSF: RM 404

Residential Market

Median Price

RM 340,000

IQR: RM 55
MAD: RM 23
RM 528 PSF 0.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 727,500

IQR: RM 418
MAD: RM 139
RM 404 PSF 0.0%

PSF Trends (2021-2025)

TMN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 728K and a median price per square foot (PSF) of RM 404.

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 728K, with most transactions falling within a stable range of RM 302K to RM 1.15 million, and a typical market range of RM 424K to RM 1.03 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 404, though individual units vary from RM 133 to RM 674 in the core range. The broader market spans RM 264.50 to RM 542.50, indicating diverse property characteristics. A wider spread (IQR: RM 278.00) and deviation (MAD: RM 270) 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

4 properties grouped by size

1,400 sqft
3 units
RM 1,250,000
3-Storey Storey Shop JLN KLJ 9
1,399 sqft · RM 893.00 PSF
Dec 2021
RM 360,000
Shop/Retail Lot
1,386 sqft · RM 260.00 PSF
Nov 2021
RM 300,000
Office Lot
1,378 sqft · RM 218.00 PSF
Oct 2021
2,000 sqft
1 units 3-Storey Storey Shop
RM 1,095,000
JALAN KLJ 2
2,002 sqft · RM 547.00 PSF
May 2021