TMN SERI MANGGA SEK. 1

TMN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 324K and a median price per square foot (PSF) of RM 233.

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 324K, with most transactions falling within a stable range of RM 250K to RM 408K, and a typical market range of RM 275K to RM 373K.

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

Price per square foot shows a median of RM 233, though individual units vary from RM 146 to RM 320 in the core range. The broader market spans RM 200.25 to RM 265.75, indicating diverse property characteristics. A wider spread (IQR: RM 65.50) and deviation (MAD: RM 87) indicate significant PSF variations, likely due to diverse property types or conditions.

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.