Melaka
Melaka Tengah
Tg Kling
TAMAN SERI TANJUNG

TAMAN SERI TANJUNG

Area Intelligence

2022

Median Price

RM 195,000

PSF: RM 170

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Residential PSF Trends

Median Price

RM 195,000

PSF: RM 170

TAMAN SERI TANJUNG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 195K and a median price per square foot (PSF) of RM 170.

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 195K, with most transactions falling within a stable range of RM 190K to RM 200K, and a typical market range of RM 190K to RM 200K.

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

For price per square foot, the median is RM 170, with most transactions between RM 159 and RM 180. The usual range is RM 148.63 to RM 190.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.75 and an average deviation (MAD) of RM 11 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI TANJUNG, Melaka Tengah, Melaka

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