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 259K to RM 377K, 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.

The median PSF stands at RM 218, with core pricing between RM 186 and RM 250. Market pricing typically extends from RM 186.88 to RM 249.13, reflecting moderate variation in unit pricing. With an IQR of RM 62.25 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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

8 transactions grouped by size

1,100 sqft
Single Storey Terraced
RM 270,000
LORONG 2
1,098 sqft · RM 246 PSF
RM 250,000
LORONG 2
1,098 sqft · RM 228 PSF
1,300 sqft
Single Storey Terraced
RM 250,000
JALAN SERI MANGGA 1/9
1,302 sqft · RM 192 PSF
RM 300,000
LORONG 2
1,302 sqft · RM 230 PSF
1,400 sqft
Single Storey Terraced
RM 250,000
LORONG 3
1,399 sqft · RM 179 PSF
RM 250,000
LORONG 3, JALAN SERI MANGGA 1/6
1,399 sqft · RM 179 PSF
RM 270,000
LORONG 3
1,399 sqft · RM 193 PSF
2,500 sqft
Single Storey Terraced
RM 300,000
LORONG 1
2,486 sqft · RM 121 PSF

No Properties For Sale

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

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