| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 120,000
|
RM 174
|
689 sqft
|
|
|
|
Level 1
|
RM 120,000
|
RM 174
|
689 sqft
|
|
|
|
Level 2
|
RM 115,000
|
RM 167
|
689 sqft
|
|
Posts about Taman Seri Pelangi
No posts about Taman Seri Pelangi yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 120,000
RM 174 psfMedian transaction price
Lot 4753 GMM 871, Lebuh AMJ, Kampung Sungai Petai, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Seri Pelangi in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, 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 118K to RM 120K, and a typical market range of RM 115K to RM 120K.
Most transactions involved town house, with moderate diversity in property types available.
For price per square foot, the median is RM 174, with most transactions between RM 171 and RM 178. The usual range is RM 157.44 to RM 190.94, 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 3 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.