| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Gelama
|
RM 160,000
|
RM 206
|
775 sqft
|
|
|
|
Jalan Kerapu
|
RM 100,000
|
RM 129
|
775 sqft
|
|
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Market Snapshot
ResidentialRM 130,000
RM 168 psfMedian transaction price
Taman Merlimau Baru, 77300 Merlimau, Melaka, Malaysia
MapsTaman Merlimau Baru in Jasin, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 130K and a median price per square foot (PSF) of RM 168.
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 100K to RM 160K, and a typical market range of RM 100K to RM 160K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 168, though individual units vary from RM 129 to RM 206 in the core range. The broader market spans RM 120.75 to RM 214.25, indicating diverse property characteristics. The spread of RM 93.50 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
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.