| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Melaka -Merlimau
|
RM 188,000
|
RM 243
|
775 sqft
|
|
|
|
Taman Merlimau Baru
|
RM 120,000
|
RM 155
|
775 sqft
|
|
|
|
Jalan Merlimau Baru
|
RM 140,000
|
RM 181
|
775 sqft
|
|
|
|
Jalan Bilis
|
RM 110,000
|
RM 142
|
775 sqft
|
|
|
|
Jalan Bilis
|
RM 190,000
|
RM 245
|
775 sqft
|
|
|
|
Jalan Tenggiri
|
RM 110,000
|
RM 142
|
775 sqft
|
|
|
Taman Merlimau Baru
|
RM 220,000
|
RM 197
|
1,119 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 189 psfMedian transaction price
Taman Merlimau Baru, 77300 Merlimau, Melaka, Malaysia
MapsTaman Merlimau Baru in Jasin, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 189.
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 160K, with most transactions falling within a stable range of RM 120K to RM 200K, and a typical market range of RM 120K to RM 200K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 189, though individual units vary from RM 145 to RM 232 in the core range. The broader market spans RM 141.84 to RM 235.34, indicating diverse property characteristics. The spread of RM 93.50 (IQR) and deviation of RM 43 (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.