Melaka
Melaka Tengah
Peringgit
TAMAN SERI CEMPAKA

TAMAN SERI CEMPAKA

Area Intelligence

2023

Median Price

RM 260,000

PSF: RM 193

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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 193

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.

Price per square foot shows a median of RM 193, though individual units vary from RM 110 to RM 276 in the core range. The broader market spans RM 176.38 to RM 209.63, indicating diverse property characteristics. A wider spread (IQR: RM 33.25) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Single Storey Terraced

1,300 sqft

Single Storey Terraced

RM 260,000

JALAN CEMPAKA 7

1,302 sqft · RM 200 PSF

Dec 2023

RM 250,000

JALAN CEMPAKA 5

1,302 sqft · RM 192 PSF

Jun 2023

JALAN CEMPAKA 7	RM 260,000	RM 200	1,302 sqft	Dec 2023
JALAN CEMPAKA 5	RM 250,000	RM 192	1,302 sqft	Jun 2023

1,400 sqft

RM 270,000

JALAN CEMPAKA 7

1,399 sqft · RM 193 PSF

Oct 2023

RM 550,000

JALAN CEMPEKA 1

1,378 sqft · RM 399 PSF

Jul 2023

RM 250,000

JALAN CEMPAKA 3

1,399 sqft · RM 179 PSF

Apr 2023

JALAN CEMPAKA 7	RM 270,000	RM 193	1,399 sqft	Oct 2023	Single Storey Terraced
JALAN CEMPEKA 1	RM 550,000	RM 399	1,378 sqft	Jul 2023	Double Storey Shop
JALAN CEMPAKA 3	RM 250,000	RM 179	1,399 sqft	Apr 2023	Single Storey Terraced