| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Rakyat 4
|
RM 165,000
|
RM 150
|
1,098 sqft
|
|
|
Jalan Rakyat 4
|
RM 180,000
|
RM 92
|
1,948 sqft
|
|
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Taman Rakyat, Merlimau, Kampung Parit Melintang, 77300 Merlimau, Malacca, Malaysia
MapsTaman Rakyat (Merlimau) in Jasin, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 173K and a median price per square foot (PSF) of RM 121.
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 173K, with most transactions falling within a stable range of RM 165K to RM 180K, and a typical market range of RM 165K to RM 180K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 121, though individual units vary from RM 92 to RM 150 in the core range. The broader market spans RM 103.34 to RM 139.34, indicating diverse property characteristics. The spread of RM 36.00 (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. 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.