TAMAN MUHIBBAH (MERLIMAU)

TAMAN MUHIBBAH (MERLIMAU) in Jasin, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 166.

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 265K, with most transactions falling within a stable range of RM 250K to RM 282K, and a typical market range of RM 250K to RM 283K.

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

The median PSF stands at RM 166, with core pricing between RM 149 and RM 183. Market pricing typically extends from RM 152.50 to RM 179.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.