|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Seri Manggis 4
|
RM 200,000
|
RM 80
|
2,486 sqft
|
|
Terrace |
|
Jalan Seri Manggis 1
|
RM 190,000
|
RM 100
|
1,905 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 195,000
RM 90 psfMedian transaction price
78000 Malacca, Malaysia
MapsTaman Seri Manggis in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 90.
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 RM 195K, with most transactions falling within a stable range of RM 190K to RM 200K, and a typical market range of RM 190K to RM 200K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 90, with core pricing between RM 80 and RM 100. Market pricing typically extends from RM 71.33 to RM 108.83, reflecting moderate variation in unit pricing. With an IQR of RM 37.50 and MAD of RM 10, 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. 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.