| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mu 15
|
RM 120,000
|
RM 107
|
1,119 sqft
|
|
|
|
Jalan Tmu 4
|
RM 140,000
|
RM 128
|
1,098 sqft
|
|
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Market Snapshot
ResidentialRM 130,000
RM 117 psfMedian transaction price
77300 Merlimau, Malacca, Malaysia
MapsTaman Politeknik Jasin in Jasin, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 130K and a median price per square foot (PSF) of RM 117.
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 130K, with most transactions falling within a stable range of RM 120K to RM 140K, and a typical market range of RM 120K to RM 140K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 117, with most transactions between RM 107 and RM 128. The usual range is RM 107.10 to RM 127.60, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.50 and an average deviation (MAD) of RM 10 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.