|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Mtdrp
|
RM 372,000
|
RM 117
|
3,175 sqft
|
|
Semi-D |
|
Jalan Mtdrp
|
RM 378,000
|
RM 117
|
3,218 sqft
|
|
Semi-D |
|
Jalan Mtdrp
|
RM 360,000
|
RM 109
|
3,305 sqft
|
|
Semi-D |
|
Jalan Mtdrp
|
RM 379,000
|
RM 115
|
3,283 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 375,000
RM 116 psfMedian transaction price
Kampung Parit Melintang, 77300 Merlimau, Malacca, Malaysia
MapsTaman Merlimau Timur Datuk Rabuan Pit in Jasin, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 116.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 367K to RM 379K, and a typical market range of RM 368K to RM 379K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 116, with most transactions between RM 113 and RM 120. The usual range is RM 113.30 to RM 119.30, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 3 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.