TMN SERI MANGGA SEK. 1

TMN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 257.

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 360K, with most transactions falling within a stable range of RM 323K to RM 397K, and a typical market range of RM 311K to RM 409K.

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

The median PSF stands at RM 257, with core pricing between RM 206 and RM 308. Market pricing typically extends from RM 224.25 to RM 289.75, reflecting moderate variation in unit pricing. The spread of RM 65.50 (IQR) and deviation of RM 51 (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.