TAMAN SERI MANGGA SEK. 1

TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 51 subsale transactions between 2021 and 2025, priced between RM 300K and RM 750K, with a median price of RM 360K and a median price per square foot (PSF) of RM 230.

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 360K, with most transactions falling within a stable range of RM 301K to RM 419K, and a typical market range of RM 312K to RM 408K.

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 230, though individual units vary from RM 180 to RM 281 in the core range. The broader market spans RM 199.22 to RM 261.47, indicating diverse property characteristics. The spread of RM 62.25 (IQR) and deviation of RM 51 (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. Moderate transaction volume may require patience when buying or selling.