| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 401,000
|
RM 444
|
904 sqft
|
|
|
|
Level 5
|
RM 401,000
|
RM 444
|
904 sqft
|
|
|
|
Level 11
|
RM 417,000
|
RM 461
|
904 sqft
|
|
|
|
Level 13
|
RM 450,000
|
RM 498
|
904 sqft
|
|
|
|
Level 12
|
RM 420,000
|
RM 465
|
904 sqft
|
|
|
|
Level 14
|
RM 453,000
|
RM 501
|
904 sqft
|
|
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Market Snapshot
ResidentialRM 417,000
RM 461 psfMedian transaction price
Jalan Bukit Baru, Melaka, Malaysia
MapsResidensi Merak Kayangan in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 417K and a median price per square foot (PSF) of RM 461.
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 417K, with most transactions falling within a stable range of RM 395K to RM 439K, and a typical market range of RM 397K to RM 437K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 461, with most transactions between RM 437 and RM 485. The usual range is RM 437.20 to RM 485.20, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.