| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merak Mas 10
|
RM 220,000
|
RM 143
|
1,539 sqft
|
|
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Market Snapshot
ResidentialRM 220,000
RM 143 psfMedian transaction price
Taman Merak, 76100 Durian Tunggal, Melaka, Malaysia
MapsTaman Merak Mas in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 220K and a median price per square foot (PSF) of RM 143.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved town house, with high diversity across multiple property types.
For price per square foot, the median is RM 143, with most transactions between RM 143 and RM 143. The usual range is RM 125.81 to RM 160.06, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.