TAMAN MUHIBBAH (MERLIMAU)

TAMAN MUHIBBAH (MERLIMAU) in Jasin, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 145.

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 270K, with most transactions falling within a stable range of RM 260K to RM 285K, and a typical market range of RM 260K to RM 288K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 145, though individual units vary from RM 113 to RM 177 in the core range. The broader market spans RM 131.50 to RM 158.50, indicating diverse property characteristics. The spread of RM 27.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.