Pangsapuri Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM268K and a median price per square foot (PSF) of RM238.

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 RM268K, with most transactions falling within a stable range of RM250K to RM285K, and a typical market range of RM256K to RM279K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM238, with most transactions between RM216 and RM261. The usual range is RM224.84 to RM251.59, showing that most units are priced quite close to each other. A typical spread (IQR) of RM26.75 and an average deviation (MAD) of RM23 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.