TAMAN MERAK MAS

TAMAN MERAK MAS in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 525K and a median price per square foot (PSF) of RM 286.

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 525K, with most transactions falling within a stable range of RM 440K to RM 609K, and a typical market range of RM 430K to RM 627K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 286, with most transactions between RM 261 and RM 311. The usual range is RM 262.25 to RM 308.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.50 and an average deviation (MAD) of RM 25 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.