Melaka
Alor Gajah
Sg Petai
TAMAN SERI PELANGI

TAMAN SERI PELANGI

Area Intelligence

2025

Median Price

RM 140,000

PSF: RM 197

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 197

TAMAN SERI PELANGI in Alor Gajah, Melaka recorded 2 subsale transactions in 2025, with a median price of RM 140K and a median price per square foot (PSF) of RM 197.

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 140K, with most transactions falling within a stable range of RM 130K to RM 150K, and a typical market range of RM 130K to RM 150K.

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

For price per square foot, the median is RM 197, with most transactions between RM 189 and RM 205. The usual range is RM 180.07 to RM 213.57, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 8 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. 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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