Melaka
Alor Gajah
Sg Petai
TAMAN SERI PELANGI

TAMAN SERI PELANGI

Area Intelligence

2022

Median Price

RM 110,000

PSF: RM 150

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Residential PSF Trends

Median Price

RM 110,000

PSF: RM 150

TAMAN SERI PELANGI in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 110K and a median price per square foot (PSF) of RM 150.

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 110K, with most transactions falling within a stable range of RM 89K to RM 132K, and a typical market range of RM 62K to RM 159K.

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

The median PSF stands at RM 150, with core pricing between RM 133 and RM 168. Market pricing typically extends from RM 133.53 to RM 167.03, 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.

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TAMAN SERI PELANGI, Alor Gajah, Melaka

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