TAMAN MUHIBBAH (MERLIMAU)

TAMAN MUHIBBAH (MERLIMAU) in Jasin, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 283K and a median price per square foot (PSF) of RM 189.

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 283K, with most transactions falling within a stable range of RM 260K to RM 347K, and a typical market range of RM 265K to RM 300K.

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

For price per square foot, the median is RM 189, with most transactions between RM 182 and RM 196. The usual range is RM 175.50 to RM 202.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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.