Melaka
Melaka Tengah
Balai Panjang
TAMAN SERI MANGGA SEK. 1

TAMAN SERI MANGGA SEK. 1

Area Intelligence

2021

Median Price

RM 360,000

PSF: RM 258

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 258

TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 258.

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 329K to RM 391K, and a typical market range of RM 312K to RM 396K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 258, with most transactions between RM 233 and RM 283. The usual range is RM 226.88 to RM 289.13, showing that most units are priced quite close to each other. With an IQR of RM 62.25 and MAD of RM 25, 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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