TAMAN MEWAH ( TAMAN SERI MANGGA ) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 387K and a median price per square foot (PSF) of RM 195.
This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 387K, with most transactions falling within a stable range of RM 381K to RM 393K, and a typical market range of RM 367K to RM 407K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 195, with most transactions between RM 194 and RM 197. The usual range is RM 188.50 to RM 201.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
