| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM136,000
|
RM123
|
1,109 sqft
|
|
|
|
Level 4
|
RM145,000
|
RM131
|
1,109 sqft
|
|
|
|
Level 3
|
RM110,000
|
RM101
|
1,093 sqft
|
|
|
|
Level 3
|
RM120,000
|
RM110
|
1,093 sqft
|
|
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Taman Pelangi
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM120,000
RM106 psfMedian transaction price
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Taman Pelangi, 75450 Ayer Keroh, Melaka, Malaysia
MapsTaman Pelangi in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, with a median price of RM120K and a median price per square foot (PSF) of RM110.
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 RM120K, with most transactions falling within a stable range of RM107K to RM133K, and a typical market range of RM110K to RM130K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM110, with core pricing between RM95 and RM124. Market pricing typically extends from RM97.79 to RM121.79, reflecting moderate variation in unit pricing. With an IQR of RM24.00 and MAD of RM15, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.