TAMAN SERI MANGGA SEK. 1

Area Intelligence
2023
Median Price
RM 300,000
PSF: RM 218

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 218

TAMAN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 15 subsale transactions in 2023, with a median price of RM 300K 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 300K, with most transactions falling within a stable range of RM 250K to RM 369K, and a typical market range of RM 252K to RM 348K.

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 163 to RM 273 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 55) 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

OSM

Track location

Transactions

15 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
1,200 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 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
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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