TAMAN SERI PELANGI in Alor Gajah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 174.
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 120K, with most transactions falling within a stable range of RM 99K to RM 142K, and a typical market range of RM 72K to RM 169K.
Most transactions involved town house, with moderate diversity in property types available.
The median PSF stands at RM 174, with core pricing between RM 157 and RM 192. Market pricing typically extends from RM 157.44 to RM 190.94, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.