TAMAN SERI MANGGA SEK. 1

Area Intelligence
2024
Median Price
RM 324,000
PSF: RM 233

Residential PSF Trends

Median Price

RM 324,000

PSF: RM 233

TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 324K and a median price per square foot (PSF) of RM 233.

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 324K, with most transactions falling within a stable range of RM 250K to RM 408K, and a typical market range of RM 276K to RM 372K.

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 233, though individual units vary from RM 180 to RM 286 in the core range. The broader market spans RM 202.11 to RM 264.36, indicating diverse property characteristics. The spread of RM 62.25 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. 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

8 transactions grouped by road

RM 480,000
1,550 sqft
RM 310 PSF
RM 499,000
1,550 sqft
RM 322 PSF
RM 388,000
1,539 sqft
RM 252 PSF
RM 250,000
1,302 sqft
RM 192 PSF
RM 300,000
1,561 sqft
RM 192 PSF
RM 310,000
1,539 sqft
RM 201 PSF
RM 338,000
1,098 sqft
RM 308 PSF
RM 300,000
1,399 sqft
RM 214 PSF

No Properties For Sale

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

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