TMN SERI PELANGI Property Investment Analysis
TMN SERI PELANGI in Alor Gajah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 127K and a median price per square foot (PSF) of RM 165.
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 127K, with most transactions falling within a stable range of RM 110K to RM 143K, and a typical market range of RM 110K to RM 170K.
Most transactions involved town house, with moderate diversity in property types available.
For price per square foot, the median is RM 165, with most transactions between RM 152 and RM 179. The usual range is RM 153.13 to RM 176.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.75 and an average deviation (MAD) of RM 14 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Town House |
|
RM 150,000
|
RM 205.00
|
732 sqft
|
Feb 2025
|
Town House |
|
RM 120,000
|
RM 174.00
|
689 sqft
|
Sep 2024
|
Town House |
|
RM 120,000
|
RM 174.00
|
689 sqft
|
Feb 2024
|
Town House |
|
RM 115,000
|
RM 167.00
|
689 sqft
|
Feb 2024
|
1 - 1 1/2 Storey Terraced |
JALAN SERI PELANGI 5
|
RM 235,000
|
RM 163.00
|
1,442 sqft
|
Nov 2023
|
Town House |
|
RM 133,000
|
RM 182.00
|
732 sqft
|
Nov 2023
|
Town House |
|
RM 110,000
|
RM 153.00
|
721 sqft
|
Sep 2023
|
Town House |
|
RM 110,000
|
RM 153.00
|
721 sqft
|
Sep 2023
|
2 - 2 1/2 Storey Terraced |
JLN SERI PELANGI 7
|
RM 290,000
|
RM 188.00
|
1,539 sqft
|
Jul 2023
|
1 - 1 1/2 Storey Terraced |
JLN SERI PELANGI 6
|
RM 193,000
|
RM 148.00
|
1,302 sqft
|
Sep 2022
|
Town House |
|
RM 110,000
|
RM 150.00
|
732 sqft
|
Sep 2022
|
1 - 1 1/2 Storey Terraced |
JLN SERI PELANGI 6
|
RM 220,000
|
RM 148.00
|
1,485 sqft
|
Jul 2022
|