TAMAN SERI PELANGI

TAMAN SERI PELANGI in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 193K and a median price per square foot (PSF) of RM 148.

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 193K, with most transactions falling within a stable range of RM 172K to RM 215K, and a typical market range of RM 145K to RM 242K.

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

The median PSF stands at RM 148, with core pricing between RM 131 and RM 166. Market pricing typically extends from RM 131.43 to RM 164.93, reflecting moderate variation in unit pricing. With an IQR of RM 33.50 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.

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.