BANDAR BARU MERLIMAU in Jasin, Melaka recorded 4 subsale transactions in 2021, sized between 2,000 and 5,000 sqft, with a median price of RM 360K and a median price per square foot (PSF) of RM 123.
This area contains both residential and commercial properties. View 2 residential properties or 11 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 290K to RM 430K, and a typical market range of RM 309K to RM 411K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 123, though individual units vary from RM 96 to RM 150 in the core range. The broader market spans RM 97.24 to RM 149.24, indicating diverse property characteristics. The spread of RM 52.00 (IQR) and deviation of RM 27 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
