Melaka
Melaka Tengah
Bt Berendam
TAMAN SERI JATI

TAMAN SERI JATI

Area Intelligence

2023

Median Price

RM 264,000

PSF: RM 203

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Residential PSF Trends

Median Price

RM 264,000

PSF: RM 203

TAMAN SERI JATI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 264K and a median price per square foot (PSF) of RM 203.

This area contains both residential and commercial properties. View 24 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 264K, with most transactions falling within a stable range of RM 260K to RM 268K, and a typical market range of RM 260K to RM 268K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 203, with most transactions between RM 200 and RM 206. The usual range is RM 155.08 to RM 250.33, showing that most units are priced quite close to each other. With an IQR of RM 95.25 and MAD of RM 3, 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 JATI, Melaka Tengah, Melaka

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