| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 4, Jalan Pulau Gadong 6
|
RM 350,000
|
RM 211
|
1,658 sqft
|
|
|
Jalan Pulau Gadong 4
|
RM 415,000
|
RM 189
|
2,196 sqft
|
|
|
Jalan Pulau Gadong 4
|
RM 330,000
|
RM 146
|
2,260 sqft
|
|
|
Jalan Pulau Gadong 4
|
RM 320,000
|
RM 139
|
2,303 sqft
|
|
|
|
Jalan Pulau Gadong 8
|
RM 420,000
|
RM 183
|
2,293 sqft
|
|
|
Jalan Pg 6
|
RM 430,000
|
RM 94
|
4,596 sqft
|
|
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Market Snapshot
ResidentialRM 382,500
RM 165 psfMedian transaction price
Taman Pelangi, 75450 Ayer Keroh, Melaka, Malaysia
MapsTaman Pelangi in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 383K and a median price per square foot (PSF) of RM 165.
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 383K, with most transactions falling within a stable range of RM 337K to RM 428K, and a typical market range of RM 320K to RM 430K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 165, though individual units vary from RM 126 to RM 203 in the core range. The broader market spans RM 140.59 to RM 188.59, indicating diverse property characteristics. The spread of RM 48.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
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.