Area Intelligence

TMN KOTA LAKSAMANA SEC.3

2 properties
2021
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Median Price
RM 1,240,000
PSF: RM 622

Residential Market

Median Price

RM 980,000

IQR: RM 102
MAD: RM 52
RM 268 PSF 22.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,500,000

IQR: RM 354
MAD: RM 330
RM 975 PSF 15.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN KOTA LAKSAMANA SEC.3 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 1.24 million and a median price per square foot (PSF) of RM 622.

This area contains both residential and commercial properties. View 11 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.24 million, with most transactions falling within a stable range of RM 980K to RM 1.50 million, and a typical market range of RM 1.14 million to RM 1.34 million.

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

Price per square foot shows a median of RM 622, though individual units vary from RM 268 to RM 975 in the core range. The broader market spans RM 548.88 to RM 694.13, indicating diverse property characteristics. A wider spread (IQR: RM 145.25) and deviation (MAD: RM 354) indicate significant PSF variations, likely due to diverse property types or conditions.

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 KOTA LAKSAMANA SEC.3, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 1,500,000
JLN KL 3/8
1,539 sqft · RM 975.00 PSF
Aug 2021
3,650 sqft
1 units Double Storey Terraced
RM 980,000
JLN KL 3/1 C
3,660 sqft · RM 268.00 PSF
Dec 2021