TAMAN MERAK MAS

Area Intelligence
2023
Median Price
RM 185,000
PSF: RM 153

Residential PSF Trends

Median Price

RM 185,000

PSF: RM 153

TAMAN MERAK MAS in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 153.

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 185K, with most transactions falling within a stable range of RM 100K to RM 294K, and a typical market range of RM 100K to RM 276K.

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

The median PSF stands at RM 153, with core pricing between RM 128 and RM 177. Market pricing typically extends from RM 135.38 to RM 169.63, reflecting moderate variation in unit pricing. The spread of RM 34.25 (IQR) and deviation of RM 25 (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.

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TAMAN MERAK MAS, Alor Gajah, Melaka

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Transactions

4 transactions grouped by size

700 sqft
Town House
RM 120,000
Level 1
721 sqft · RM 166 PSF
RM 100,000
Level 2
700 sqft · RM 143 PSF
1,550 sqft
Single Storey Terraced
RM 250,000
JALAN MERAK EMAS 5
1,539 sqft · RM 162 PSF
3,550 sqft
Single Storey Semi-D
RM 370,000
JALAN MERAK EMAS 6
3,552 sqft · RM 104 PSF

No Properties For Sale

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

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