TAMAN PELANGI

Area Intelligence
Median Price
RM 120,000
PSF: RM 106

Residential PSF Trends

Median Price

RM 120,000

PSF: RM 106

TAMAN PELANGI in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 106.

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 120K, with most transactions falling within a stable range of RM 107K to RM 133K, and a typical market range of RM 110K to RM 130K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 106, with core pricing between RM 91 and RM 120. Market pricing typically extends from RM 93.50 to RM 117.50, reflecting moderate variation in unit pricing. With an IQR of RM 24.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PELANGI, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 90,000
Level 4
1,063 sqft · RM 85 PSF
1,100 sqft
Condo/Apartment
RM 136,000
Level 2
1,109 sqft · RM 123 PSF
RM 145,000
Level 4
1,109 sqft · RM 131 PSF
RM 110,000
Level 3
1,093 sqft · RM 101 PSF
RM 120,000
Level 3
1,093 sqft · RM 110 PSF
1,250 sqft
Condo/Apartment
RM 120,000
Level
1,270 sqft · RM 94 PSF

No Properties For Sale

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

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