Melaka
Melaka Tengah
Tg Kling
TAMAN SERI TANJUNG

TAMAN SERI TANJUNG

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 112

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 112

TAMAN SERI TANJUNG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 112.

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 400K, with most transactions falling within a stable range of RM 343K to RM 457K, and a typical market range of RM 340K to RM 480K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 112, with core pricing between RM 94 and RM 129. Market pricing typically extends from RM 90.74 to RM 132.49, reflecting moderate variation in unit pricing. The spread of RM 41.75 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

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 TANJUNG, Melaka Tengah, Melaka

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