| 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 Pg 6
|
RM 430,000
|
RM 94
|
4,596 sqft
|
|
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Market Snapshot
ResidentialRM 382,500
RM 168 psfMedian transaction price
Taman Pelangi, 75450 Ayer Keroh, Melaka, Malaysia
MapsTaman Pelangi in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 383K and a median price per square foot (PSF) of RM 168.
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 340K to RM 425K, and a typical market range of RM 330K 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 168, though individual units vary from RM 123 to RM 212 in the core range. The broader market spans RM 143.50 to RM 191.50, indicating diverse property characteristics. A wider spread (IQR: RM 48.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
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.