Taman Seri Gelam in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM280K and a median price per square foot (PSF) of RM264.

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 RM280K, with most transactions falling within a stable range of RM230K to RM330K, and a typical market range of RM255K to RM305K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM264, with most transactions between RM251 and RM278. The usual range is RM257.54 to RM271.04, showing that most units are priced quite close to each other. A typical spread (IQR) of RM13.50 and an average deviation (MAD) of RM14 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.