Area Intelligence

TMN SERI SERINDIT

3 properties
2023
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Median Price
RM 240,000
PSF: RM 152

Residential Market

Median Price

RM 240,000

IQR: RM 21
MAD: RM 12
RM 152 PSF 10.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERI SERINDIT in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 152.

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 240K, with most transactions falling within a stable range of RM 216K to RM 264K, and a typical market range of RM 210K to RM 270K.

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

The median PSF stands at RM 152, with core pricing between RM 132 and RM 172. Market pricing typically extends from RM 141.38 to RM 162.63, reflecting moderate variation in unit pricing. With an IQR of RM 21.25 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN SERI SERINDIT, Melaka Tengah, Melaka

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Transactions

3 properties found

Single Storey Terraced JLN SERI SERINDIT 4
RM 210,000
1,378 sqft Jun 2023
RM 152.00 PSF
Single Storey Terraced JLN SERI SERINDIT 7
RM 240,000
1,292 sqft May 2023
RM 186.00 PSF
Single Storey Terraced JLN SERI SERINDIT
RM 270,000
1,948 sqft Jan 2023
RM 139.00 PSF

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