TAMAN MEWAH ( TAMAN SERI MANGGA )

Area Intelligence
2024
Median Price
RM 391,500
PSF: RM 194

Residential PSF Trends

Median Price

RM 390,000

PSF: RM 193

TAMAN MEWAH ( TAMAN SERI MANGGA ) in Melaka Tengah, Melaka recorded 0 subsale transactions in 2024, with a median price of RM 392K and a median price per square foot (PSF) of RM 194.

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 392K, with most transactions falling within a stable range of RM 386K to RM 398K, and a typical market range of RM 372K to RM 411K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 194, with most transactions between RM 192 and RM 195. The usual range is RM 187.00 to RM 200.00, 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.

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TAMAN MEWAH ( TAMAN SERI MANGGA ), Melaka Tengah, Melaka

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