TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 53 subsale transactions between 2021 and 2025, with a median price of RM 336K and a median price per square foot (PSF) of RM 231.
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 336K, with most transactions falling within a stable range of RM 277K to RM 395K, and a typical market range of RM 288K to RM 384K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 231, with core pricing between RM 199 and RM 263. Market pricing typically extends from RM 199.88 to RM 262.13, 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. Moderate transaction volume may require patience when buying or selling.