| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merak Mas 8
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
|
|
Jalan Merak Emas 5
|
RM 250,000
|
RM 162
|
1,539 sqft
|
|
|
Jalan Merak Emas 5
|
RM 367,000
|
RM 115
|
3,197 sqft
|
|
|
|
Jalan Merak Emas 6
|
RM 280,000
|
RM 87
|
3,208 sqft
|
|
|
|
Jalan Merak Emas 5
|
RM 350,000
|
RM 109
|
3,197 sqft
|
|
|
Jalan Merak Emas 6
|
RM 370,000
|
RM 104
|
3,552 sqft
|
|
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Market Snapshot
ResidentialRM 280,000
RM 115 psfMedian transaction price
Taman Merak, 76100 Durian Tunggal, Melaka, Malaysia
MapsTaman Merak Mas in Alor Gajah, Melaka recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 280K and a median price per square foot (PSF) of RM 115.
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 280K, with most transactions falling within a stable range of RM 198K to RM 362K, and a typical market range of RM 189K to RM 370K.
Most transactions involved town house, with high diversity across multiple property types.
Price per square foot shows a median of RM 115, though individual units vary from RM 81 to RM 149 in the core range. The broader market spans RM 97.68 to RM 131.93, indicating diverse property characteristics. A wider spread (IQR: RM 34.25) and deviation (MAD: RM 34) 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.