TAMAN SERI CEMPAKA

Area Intelligence
2023
Median Price
RM 260,000
PSF: RM 193

Residential PSF Trends

Median Price

RM 255,000

PSF: RM 192

TAMAN SERI CEMPAKA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 193.

This area contains both residential and commercial properties. View 13 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 260K, with most transactions falling within a stable range of RM 250K to RM 377K, and a typical market range of RM 250K to RM 281K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 193, with most transactions between RM 181 and RM 205. The usual range is RM 176.33 to RM 209.58, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.25 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

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 CEMPAKA, Melaka Tengah, Melaka

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Property Transactions

5 transactions grouped by road

RM 260,000
1,302 sqft
RM 200 PSF
RM 270,000
1,399 sqft
RM 193 PSF
RM 550,000
2,562 sqft
RM 215 PSF
RM 250,000
1,302 sqft
RM 192 PSF
RM 250,000
1,399 sqft
RM 179 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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