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Taman Rakyat, Merlimau, Kampung Parit Melintang, 77300 Merlimau, Malacca, Malaysia
MapsTaman Rakyat (Merlimau) in Jasin, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 140K and a median price per square foot (PSF) of RM 118.
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 140K, with most transactions falling within a stable range of RM 115K to RM 165K, and a typical market range of RM 123K to RM 158K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 118, though individual units vary from RM 92 to RM 144 in the core range. The broader market spans RM 100.00 to RM 136.00, indicating diverse property characteristics. The spread of RM 36.00 (IQR) and deviation of RM 26 (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.