Taman Residence Lapan

Padang Temu, 75050 Malacca, Malaysia

Property Transactions

3 subsales found

Median
RM1,800,000
PSF
RM501
Price Size
Period
transactions middle 50% (P25–P75)
RM1,900,000
Jalan Residen 8
3,595 sqft RM528 PSF
RM1,800,000
Jalan Residen 8-12
3,595 sqft RM501 PSF
RM1,468,000
Jalan Residen 8-9
3,595 sqft RM408 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,800,000

RM501 psf

Median transaction price

Taman Residence Lapan in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 3,575 and 3,624 sqft, with a median price of RM1.80 million and a median price per square foot (PSF) of RM501.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.80 million, with most transactions falling within a stable range of RM1.62 million to RM1.90 million, and a typical market range of RM1.59 million to RM1.90 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM501, with core pricing between RM449 and RM552. Market pricing typically extends from RM452.17 to RM549.17, reflecting moderate variation in unit pricing. With an IQR of RM97.00 and MAD of RM51, the PSF demonstrates reasonable consistency across the market.

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.