Area Intelligence

TMN KOTA LAKSAMANA JAYA

8 properties
2024
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Median Price
RM 629,500
PSF: RM 429

Residential Market

Median Price

RM 350,000

IQR: RM 55
MAD: RM 23
RM 543 PSF 0.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 701,000

IQR: RM 418
MAD: RM 139
RM 403 PSF 0.0%

PSF Trends (2021-2025)

TMN KOTA LAKSAMANA JAYA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 630K and a median price per square foot (PSF) of RM 429.

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 630K, with most transactions falling within a stable range of RM 272K to RM 1.08 million, and a typical market range of RM 326K to RM 933K.

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 429, though individual units vary from RM 168 to RM 690 in the core range. The broader market spans RM 290.00 to RM 568.00, indicating diverse property characteristics. A wider spread (IQR: RM 278.00) and deviation (MAD: RM 261) 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

8 properties grouped by size

650 sqft
1 units Service Apartment
RM 350,000
645 sqft · RM 543.00 PSF
Jun 2024
1,400 sqft
3 units
RM 310,000
Office Lot
1,386 sqft · RM 224.00 PSF
Jul 2024
RM 272,000
Office Lot
1,378 sqft · RM 197.00 PSF
Feb 2024
RM 558,000
Shop/Retail Lot
1,386 sqft · RM 403.00 PSF
Feb 2024
1,550 sqft
2 units
RM 701,000
Double Storey Shop KLJ 1-A
1,539 sqft · RM 455.00 PSF
Apr 2024
RM 1,180,000
3-Storey Storey Shop JLN KLJ 5
1,539 sqft · RM 767.00 PSF
Feb 2024
1,700 sqft
1 units 3-Storey Storey Shop
RM 1,660,000
JLN KLJ 8
1,701 sqft · RM 976.00 PSF
Jun 2024
3,100 sqft
1 units 3-Storey Storey Shop
RM 720,000
KLJ 5
3,080 sqft · RM 234.00 PSF
Feb 2024