Area Intelligence

TMN SERI MANGGA

3 properties
2024
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Median Price
RM 339,000
PSF: RM 179

Residential Market

Median Price

RM 339,000

IQR: RM 44
MAD: RM 6
RM 179 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERI MANGGA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 339K and a median price per square foot (PSF) of RM 179.

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 339K, with most transactions falling within a stable range of RM 286K to RM 610K, and a typical market range of RM 286K to RM 489K.

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 179, though individual units vary from RM 139 to RM 219 in the core range. The broader market spans RM 157.25 to RM 200.75, indicating diverse property characteristics. The spread of RM 43.50 (IQR) and deviation of RM 40 (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. 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, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,100 sqft
1 units Single Storey Terraced
RM 286,000
JALAN SERI MANGGA 3
1,098 sqft · RM 260.00 PSF
Nov 2024
1,900 sqft
1 units Single Storey Terraced
RM 339,000
JLN SM
1,894 sqft · RM 179.00 PSF
Aug 2024
5,100 sqft
1 units Detached
RM 885,000
JALAN SERI MANGGA 1/11
5,113 sqft · RM 173.00 PSF
Nov 2024