TAMAN SERI PELANGI

TAMAN SERI PELANGI in Alor Gajah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 127K and a median price per square foot (PSF) of RM 165.

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 127K, with most transactions falling within a stable range of RM 110K to RM 143K, and a typical market range of RM 110K to RM 170K.

Most transactions involved town house, with moderate diversity in property types available.

For price per square foot, the median is RM 165, with most transactions between RM 152 and RM 179. The usual range is RM 153.13 to RM 176.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.75 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.