TAMAN MERAK MAS

Area Intelligence
2024
Median Price
RM 315,000
PSF: RM 112

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 112

TAMAN MERAK MAS in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 112.

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 315K, with most transactions falling within a stable range of RM 280K to RM 355K, and a typical market range of RM 280K to RM 367K.

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

Price per square foot shows a median of RM 112, though individual units vary from RM 77 to RM 147 in the core range. The broader market spans RM 94.88 to RM 129.13, indicating diverse property characteristics. A wider spread (IQR: RM 34.25) and deviation (MAD: RM 35) 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.

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TAMAN MERAK MAS, Alor Gajah, Melaka

OSM

Track location

Transactions

4 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 280,000
JALAN MERAK MAS 8
1,539 sqft · RM 182 PSF
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.

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