| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan M 2
|
RM 290,000
|
RM 152
|
1,905 sqft
|
|
|
Jalan M 8A
|
RM 618,000
|
RM 273
|
2,260 sqft
|
|
|
|
Jalan M 3
|
RM 890,000
|
RM 394
|
2,260 sqft
|
|
|
|
Jalan M 8A
|
RM 400,000
|
RM 177
|
2,260 sqft
|
|
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Market Snapshot
ResidentialRM 509,000
RM 265 psfMedian transaction price
Taman Merak, Taman Merak Mas, 75450 Bukit Katil, Malacca, Malaysia
MapsTaman Merak in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 509K and a median price per square foot (PSF) of RM 273.
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 509K, with most transactions falling within a stable range of RM 345K to RM 673K, and a typical market range of RM 352K to RM 666K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 273, though individual units vary from RM 206 to RM 340 in the core range. The broader market spans RM 226.15 to RM 320.65, indicating diverse property characteristics. The spread of RM 94.50 (IQR) and deviation of RM 67 (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.