| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Taman Seri Merlimau
|
RM 250,000
|
RM 162
|
1,539 sqft
|
|
|
|
Taman Seri Merlimau
|
RM 240,000
|
RM 156
|
1,539 sqft
|
|
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Market Snapshot
ResidentialRM 245,000
RM 159 psfMedian transaction price
Taman Seri Merlimau, 77300 Merlimau, Melaka, Malaysia
MapsTaman Seri Merlimau in Jasin, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 245K and a median price per square foot (PSF) of RM 159.
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 245K, with most transactions falling within a stable range of RM 240K to RM 250K, and a typical market range of RM 240K to RM 250K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 159, with most transactions between RM 156 and RM 162. The usual range is RM 152.67 to RM 165.67, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.