TAMAN SERI MANGGA SEK. 1

Area Intelligence
2021
Median Price
RM 360,000
PSF: RM 257

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 257

TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 257.

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 323K to RM 397K, 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.

The median PSF stands at RM 257, with core pricing between RM 206 and RM 308. Market pricing typically extends from RM 225.88 to RM 288.13, reflecting moderate variation in unit pricing. 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. 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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Transactions

5 transactions grouped by size

1,200 sqft
Single Storey Terraced
RM 310,000
LORONG 2
1,195 sqft · RM 259 PSF
RM 360,000
LORONG 2
1,195 sqft · RM 301 PSF
1,550 sqft
RM 360,000
JALAN SERI MANGGA 2/6
1,561 sqft · RM 231 PSF
RM 396,000
LORONG 1
1,539 sqft · RM 257 PSF
2,850 sqft
Single Storey Terraced
RM 420,000
OFF JALAN POKOK MANGGA
2,863 sqft · RM 147 PSF

No Properties For Sale

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

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