| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 115,000
|
RM 132
|
872 sqft
|
|
|
|
Level 1
|
RM 130,000
|
RM 149
|
872 sqft
|
|
|
|
Level 1
|
RM 88,000
|
RM 101
|
872 sqft
|
|
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Market Snapshot
ResidentialRM 115,000
RM 132 psfMedian transaction price
1282, Jalan Bestari 3, Taman Muhibah, 77300 Merlimau, Melaka, Malaysia
MapsTaman Merlimau Bistari in Jasin, Melaka recorded 3 Town House properties subsale transactions between 2021 and 2026, with a median price of RM 115K and a median price per square foot (PSF) of RM 132.
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 115K, with most transactions falling within a stable range of RM 98K to RM 130K, and a typical market range of RM 88K to RM 130K.
Within the Town House category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.
The median PSF stands at RM 132, with core pricing between RM 112 and RM 152. Market pricing typically extends from RM 101.90 to RM 161.90, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.