Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cempaka 7
|
RM 260,000
|
RM 200
|
1,302 sqft
|
|
|
|
Jalan Cempaka 5
|
RM 250,000
|
RM 192
|
1,302 sqft
|
|
|
Jalan Cempaka 7
|
RM 270,000
|
RM 193
|
1,399 sqft
|
|
|
|
Jalan Cempaka 3
|
RM 250,000
|
RM 179
|
1,399 sqft
|
|
|
Jalan Cempeka 1
|
RM 550,000
|
RM 215
|
2,562 sqft
|
|
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Market Snapshot
ResidentialRM 255,000
RM 192 psfMedian transaction price
Taman Seri Cempaka, 75400 Peringgit, Melaka, Malaysia
MapsTaman 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.