Taman Seri Cempaka

75400 Peringgit, Melaka, Malaysia

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
Terrace
RM260,000
Jalan Cempaka 7
1,302 sqft · RM200 PSF
RM250,000
Jalan Cempaka 5
1,302 sqft · RM192 PSF
1,400 sqft
Terrace
RM270,000
Jalan Cempaka 7
1,399 sqft · RM193 PSF
RM250,000
Jalan Cempaka 3
1,399 sqft · RM179 PSF
2,550 sqft
2-Sty Shop
RM550,000
Jalan Cempeka 1
2,562 sqft · RM215 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM255,000

RM192 psf

Median transaction price

Taman Seri Cempaka
© OpenStreetMap · CARTO

Taman Seri Cempaka, 75400 Peringgit, Melaka, Malaysia

Maps

Taman Seri Cempaka in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM260K and a median price per square foot (PSF) of RM193.

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 RM260K, with most transactions falling within a stable range of RM250K to RM377K, and a typical market range of RM250K to RM281K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM193, with most transactions between RM181 and RM205. The usual range is RM176.33 to RM209.58, showing that most units are priced quite close to each other. A typical spread (IQR) of RM33.25 and an average deviation (MAD) of RM12 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.