TAMAN SERI MANGGA SEK. 1

Area Intelligence
2023
Median Price
RM 318,000
PSF: RM 218

Residential PSF Trends

Median Price

RM 318,000

PSF: RM 218

TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 16 subsale transactions in 2023, with a median price of RM 318K and a median price per square foot (PSF) of RM 218.

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 318K, with most transactions falling within a stable range of RM 250K to RM 777K, and a typical market range of RM 270K to RM 366K.

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 218, though individual units vary from RM 164 to RM 273 in the core range. The broader market spans RM 187.17 to RM 249.42, indicating diverse property characteristics. A wider spread (IQR: RM 62.25) and deviation (MAD: RM 55) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI MANGGA SEK. 1, Melaka Tengah, Melaka

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Property Transactions

16 transactions grouped by road

RM 300,000
1,302 sqft
RM 230 PSF
RM 336,000
1,539 sqft
RM 218 PSF
RM 270,000
1,098 sqft
RM 246 PSF
RM 376,000
2,002 sqft
RM 188 PSF
RM 250,000
1,098 sqft
RM 228 PSF
RM 250,000
1,399 sqft
RM 179 PSF
RM 270,000
1,399 sqft
RM 193 PSF
RM 336,000
1,539 sqft
RM 218 PSF
RM 300,000
2,486 sqft
RM 121 PSF
RM 250,000
1,302 sqft
RM 192 PSF
RM 250,000
1,399 sqft
RM 179 PSF
RM 360,000
1,195 sqft
RM 301 PSF
RM 450,000
1,561 sqft
RM 288 PSF
RM 450,000
1,604 sqft
RM 281 PSF
RM 2,200,000
23,142 sqft
RM 95 PSF
RM 400,000
1,550 sqft
RM 258 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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