TAMAN SERI PELANGI

Area Intelligence
2023
Median Price
RM 133,000
PSF: RM 163

Residential PSF Trends

Median Price

RM 133,000

PSF: RM 163

TAMAN SERI PELANGI in Alor Gajah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 133K and a median price per square foot (PSF) of RM 163.

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 133K, with most transactions falling within a stable range of RM 110K to RM 207K, and a typical market range of RM 110K to RM 182K.

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

For price per square foot, the median is RM 163, with most transactions between RM 148 and RM 178. The usual range is RM 146.25 to RM 179.75, 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 15 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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Transactions

5 transactions grouped by size

700 sqft
Town House
RM 110,000
Level 1
721 sqft · RM 153 PSF
RM 110,000
Level 2
721 sqft · RM 153 PSF
750 sqft
Town House
RM 133,000
Level 1
732 sqft · RM 182 PSF
1,450 sqft
Single Storey Terraced
RM 235,000
JALAN SERI PELANGI 5
1,442 sqft · RM 163 PSF
1,550 sqft
Double Storey Terraced
RM 290,000
JALAN SERI PELANGI 7
1,539 sqft · RM 188 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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