Area Intelligence

TMN SERI MANGGA SEK. 1

16 properties
2023
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Median Price
RM 318,000
PSF: RM 218

Residential Market

Median Price

RM 318,000

IQR: RM 66
MAD: RM 33
RM 218 PSF 3.2%

PSF Trends (2021-2025)

TMN SERI MANGGA SEK. 1 in Melaka Tengah, Melaka recorded 16 subsale transactions in 2023, with a median price of RM 318K and a median price per square foot (PSF) of RM 218.

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 318K, with most transactions falling within a stable range of RM 250K to RM 777K, and a typical market range of RM 269K to RM 367K.

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 218, though individual units vary from RM 156 to RM 280 in the core range. The broader market spans RM 185.25 to RM 250.75, indicating diverse property characteristics. A wider spread (IQR: RM 65.50) and deviation (MAD: RM 62) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SERI MANGGA SEK. 1, Melaka Tengah, Melaka

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Transactions

16 properties grouped by size

1,100 sqft
2 units Single Storey Terraced
RM 270,000
LORONG 2
1,098 sqft · RM 246.00 PSF
Jun 2023
RM 250,000
LORONG 2
1,098 sqft · RM 228.00 PSF
Jan 2023
1,200 sqft
2 units
RM 360,000
Single Storey Terraced JLN SERI MANGGA 1/6
1,195 sqft · RM 301.00 PSF
Oct 2023
RM 400,000
Double Storey Terraced JLN SERI MANGGA 1/8
1,195 sqft · RM 335.00 PSF
Jan 2023
1,300 sqft
2 units Single Storey Terraced
RM 250,000
JALAN SERI MANGGA 1/9
1,302 sqft · RM 192.00 PSF
Nov 2023
RM 300,000
LORONG 2
1,302 sqft · RM 230.00 PSF
Nov 2023
1,400 sqft
3 units Single Storey Terraced
RM 250,000
LRG 3
1,399 sqft · RM 179.00 PSF
Nov 2023
RM 250,000
LRG 3, JLN SERI MANGGA 1/6
1,399 sqft · RM 179.00 PSF
Nov 2023
RM 270,000
LRG 3
1,399 sqft · RM 193.00 PSF
Mar 2023
1,550 sqft
4 units
RM 336,000
Single Storey Terraced LORONG 2
1,539 sqft · RM 218.00 PSF
Oct 2023
RM 450,000
Double Storey Terraced TMN SRI MANGGA
1,539 sqft · RM 292.00 PSF
Sep 2023
RM 450,000
Double Storey Terraced JLN SERI MANGGA 7
1,561 sqft · RM 288.00 PSF
Jul 2023
RM 336,000
Single Storey Terraced LORONG 1
1,539 sqft · RM 218.00 PSF
Mar 2023
2,000 sqft
1 units Single Storey Terraced
RM 376,000
LORONG 2
2,002 sqft · RM 188.00 PSF
Apr 2023
2,500 sqft
1 units Single Storey Terraced
RM 300,000
LORONG 1
2,486 sqft · RM 121.00 PSF
Jan 2023
23,150 sqft
1 units Detached
RM 2,200,000
JLN POKOK MANGGA 2
23,142 sqft · RM 95.00 PSF
May 2023