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Market Snapshot
ResidentialRM 120,000
RM 106 psfMedian transaction price
Taman Pelangi, 75450 Ayer Keroh, Melaka, Malaysia
MapsTaman Pelangi in Melaka Tengah, Melaka recorded 0 subsale transactions in 2026, 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.