| Price | PSF | Size | Date | Type |
|---|
|
RM 569,000
|
RM 258
|
2,207 sqft
|
|
Cluster |
|
RM 569,000
|
RM 258
|
2,207 sqft
|
|
Cluster |
|
RM 569,000
|
RM 258
|
2,207 sqft
|
|
Cluster |
|
RM 626,000
|
RM 231
|
2,713 sqft
|
|
Cluster |
|
RM 569,000
|
RM 258
|
2,207 sqft
|
|
Cluster |
|
RM 958,000
|
RM 319
|
3,003 sqft
|
|
Semi-D |
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
|
|
RM 426,000
|
RM 182
|
2,347 sqft
|
|
|
|
RM 471,000
|
RM 201
|
2,347 sqft
|
|
|
RM 250,000
|
RM 192
|
1,302 sqft
|
|
Terrace |
|
RM 575,000
|
RM 316
|
1,819 sqft
|
|
2-Sty Terrace |
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
|
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
|
RM 569,000
|
RM 258
|
2,207 sqft
|
|
|
|
RM 504,000
|
RM 228
|
2,207 sqft
|
|
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Market Snapshot
ResidentialRM 487,500
RM 258 psfMedian transaction price
1717, Jalan Bukit Baru, 75150 Melaka, Malaysia
MapsTaman Merak (P.lot 1717) in Melaka Tengah, Melaka recorded 26 subsale transactions between 2021 and 2026, with a median price of RM 488K and a median price per square foot (PSF) of RM 258.
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 488K, with most transactions falling within a stable range of RM 406K to RM 569K, and a typical market range of RM 359K to RM 616K.
Most transactions involved cluster house, with high diversity across multiple property types.
For price per square foot, the median is RM 258, with most transactions between RM 243 and RM 273. The usual range is RM 242.86 to RM 272.86, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
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. Moderate transaction volume may require patience when buying or selling.