|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Gelama
|
RM 120,000
|
RM 155
|
775 sqft
|
|
LC House |
|
Jalan Kurau
|
RM 155,000
|
RM 200
|
775 sqft
|
|
LC House |
|
Jalan Tenggiri
|
RM 200,000
|
RM 258
|
775 sqft
|
|
LC House |
|
Jalan Tenggiri
|
RM 190,000
|
RM 245
|
775 sqft
|
|
LC House |
|
Taman Merlimau Baru
|
RM 100,000
|
RM 129
|
775 sqft
|
|
LC House |
|
Jalan Tenggiri
|
RM 105,000
|
RM 135
|
775 sqft
|
|
LC House |
|
Jalan Kurau
|
RM 200,000
|
RM 258
|
775 sqft
|
|
LC House |
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Market Snapshot
ResidentialRM 155,000
RM 200 psfMedian transaction price
Taman Merlimau Baru, 77300 Merlimau, Melaka, Malaysia
MapsTaman Merlimau Baru in Jasin, Melaka recorded 7 subsale transactions in 2024, with a median price of RM 155K and a median price per square foot (PSF) of RM 200.
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 155K, with most transactions falling within a stable range of RM 114K to RM 196K, and a typical market range of RM 115K to RM 195K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 200, though individual units vary from RM 147 to RM 253 in the core range. The broader market spans RM 153.25 to RM 246.75, indicating diverse property characteristics. A wider spread (IQR: RM 93.50) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.
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.