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 300K to RM 372K, and a typical market range of RM 300K 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 155 to RM 281 in the core range. The broader market spans RM 186.88 to RM 249.13, indicating diverse property characteristics. A wider spread (IQR: RM 62.25) and deviation (MAD: RM 63) 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. 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

9 transactions grouped by size

1,200 sqft
RM 360,000
JALAN SERI MANGGA 1/6
1,195 sqft · RM 301 PSF
RM 400,000
JALAN SERI MANGGA 1/8
1,195 sqft · RM 335 PSF
1,300 sqft
Single Storey Terraced
RM 300,000
LORONG 2
1,302 sqft · RM 230 PSF
1,550 sqft
RM 336,000
LORONG 2
1,539 sqft · RM 218 PSF
RM 450,000
TAMAN SRI MANGGA
1,539 sqft · RM 292 PSF
RM 450,000
JALAN SERI MANGGA 7
1,561 sqft · RM 288 PSF
RM 336,000
LORONG 1
1,539 sqft · RM 218 PSF
2,000 sqft
Single Storey Terraced
RM 376,000
LORONG 2
2,002 sqft · RM 188 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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