TAMAN MERAK MAS

Area Intelligence
2024
Median Price
RM 350,000
PSF: RM 109

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 109

TAMAN MERAK MAS in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 109.

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 350K, with most transactions falling within a stable range of RM 312K to RM 367K, and a typical market range of RM 280K to RM 367K.

Most transactions involved town house, with high diversity across multiple property types.

The median PSF stands at RM 109, with core pricing between RM 97 and RM 121. Market pricing typically extends from RM 91.88 to RM 126.13, reflecting moderate variation in unit pricing. With an IQR of RM 34.25 and MAD of RM 12, 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.

Loading map...

TAMAN MERAK MAS, Alor Gajah, Melaka

OSM

Track location

Transactions

3 transactions grouped by size

3,200 sqft
Single Storey Semi-D
RM 367,000
JALAN MERAK EMAS 5
3,197 sqft · RM 115 PSF
RM 280,000
JALAN MERAK EMAS 6
3,208 sqft · RM 87 PSF
RM 350,000
JALAN MERAK EMAS 5
3,197 sqft · RM 109 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access