| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Seri Mangga 2/9
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
|
Jalan Seri Mangga 2/2
|
RM 600,000
|
RM 250
|
2,400 sqft
|
|
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Market Snapshot
ResidentialRM 440,000
RM 216 psfMedian transaction price
Balai Panjang, Malacca, Malaysia
MapsTaman Seri Jaya in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 440K and a median price per square foot (PSF) of RM 216.
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 440K, with most transactions falling within a stable range of RM 280K to RM 600K, and a typical market range of RM 416K to RM 464K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 216, with core pricing between RM 182 and RM 250. Market pricing typically extends from RM 200.69 to RM 231.19, reflecting moderate variation in unit pricing. The spread of RM 30.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
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.