| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ros 2
|
RM 200,000
|
RM 198
|
1,012 sqft
|
|
|
|
Jalan Cempaka, Taman Mekar
|
RM 268,000
|
RM 265
|
1,012 sqft
|
|
|
Jalan Anggerek
|
RM 173,000
|
RM 158
|
1,098 sqft
|
|
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Market Snapshot
ResidentialRM 200,000
RM 198 psfMedian transaction price
Taman Mekar, 75350 Malacca, Malaysia
MapsTaman Mekar in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 200K and a median price per square foot (PSF) of RM 198.
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 200K, with most transactions falling within a stable range of RM 173K to RM 240K, and a typical market range of RM 173K to RM 230K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 198, though individual units vary from RM 153 to RM 242 in the core range. The broader market spans RM 171.30 to RM 224.05, indicating diverse property characteristics. The spread of RM 52.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.