Melaka
Melaka Tengah
Balai Panjang
TAMAN MEWAH ( TAMAN SERI MANGGA )

TAMAN MEWAH ( TAMAN SERI MANGGA )

Area Intelligence

2023

Median Price

RM 343,000

PSF: RM 178

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Residential PSF Trends

Median Price

RM 343,000

PSF: RM 178

TAMAN MEWAH ( TAMAN SERI MANGGA ) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 343K and a median price per square foot (PSF) of RM 178.

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 343K, with most transactions falling within a stable range of RM 340K to RM 346K, and a typical market range of RM 340K to RM 347K.

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

For price per square foot, the median is RM 178, with most transactions between RM 177 and RM 179. The usual range is RM 171.50 to RM 184.50, 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 1 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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