Taman Residence Lapan

Padang Temu, 75050 Malacca, Malaysia

Property Transactions

2 subsales found

Median
RM1,995,000
PSF
RM498
Price Size
Period
transactions middle 50% (P25–P75)
RM1,960,000
Jalan Residen 8-1
4,004 sqft RM489 PSF
RM2,030,000
Jalan Residen 8-1
4,004 sqft RM507 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Residence Lapan? Homes here sold for a median of RM1,995,000.

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Market Snapshot

Residential

RM1,995,000

RM498 psf

Median transaction price

Taman Residence Lapan in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 3,975 and 4,024 sqft, with a median price of RM2.00 million and a median price per square foot (PSF) of RM498.

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 RM2.00 million, with most transactions falling within a stable range of RM1.96 million to RM2.03 million, and a typical market range of RM1.96 million to RM2.03 million.

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

For price per square foot, the median is RM498, with most transactions between RM489 and RM507. The usual range is RM449.73 to RM546.73, showing that most units are priced quite close to each other. With an IQR of RM97.00 and MAD of RM9, 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.