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Market Snapshot
ResidentialRM 524,000
RM 213 psfMedian transaction price
Taman Pokok Mangga, Melaka, Malaysia
MapsTaman Pokok Mangga in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 2,425 and 2,474 sqft, with a median price of RM 524K and a median price per square foot (PSF) of RM 213.
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 524K, with most transactions falling within a stable range of RM 328K to RM 720K, and a typical market range of RM 483K to RM 566K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 213, though individual units vary from RM 133 to RM 292 in the core range. The broader market spans RM 191.58 to RM 233.58, indicating diverse property characteristics. A wider spread (IQR: RM 42.00) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.