TMN KOTA LAKSAMANA SEC.3

TMN KOTA LAKSAMANA SEC.3 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 880K and a median price per square foot (PSF) of RM 572.

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 880K, with most transactions falling within a stable range of RM 720K to RM 1.55 million, and a typical market range of RM 781K to RM 979K.

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 572, though individual units vary from RM 265 to RM 879 in the core range. The broader market spans RM 499.38 to RM 644.63, indicating diverse property characteristics. A wider spread (IQR: RM 145.25) and deviation (MAD: RM 307) 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.