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Market Snapshot
ResidentialRM 222,500
RM 156 psfMedian transaction price
1282, Jalan Bestari 3, Taman Muhibah, 77300 Merlimau, Melaka, Malaysia
MapsTaman Merlimau Bistari in Jasin, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 223K and a median price per square foot (PSF) of RM 156.
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 223K, with most transactions falling within a stable range of RM 188K to RM 258K, and a typical market range of RM 174K to RM 271K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 156, with core pricing between RM 127 and RM 185. Market pricing typically extends from RM 125.50 to RM 185.50, reflecting moderate variation in unit pricing. The spread of RM 60.00 (IQR) and deviation of RM 29 (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.