Melaka
Melaka Tengah
Bt Berendam
TAMAN SERI JATI

TAMAN SERI JATI

Area Intelligence

2023

Median Price

RM 379,000

PSF: RM 293

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Residential PSF Trends

Median Price

RM 379,000

PSF: RM 293

TAMAN SERI JATI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 379K and a median price per square foot (PSF) of RM 293.

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 379K, with most transactions falling within a stable range of RM 358K to RM 400K, and a typical market range of RM 358K to RM 400K.

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 293, with most transactions between RM 277 and RM 310. The usual range is RM 245.80 to RM 341.05, showing that most units are priced quite close to each other. With an IQR of RM 95.25 and MAD of RM 16, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI JATI, Melaka Tengah, Melaka

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