TAMAN MERAK (P.LOT 1717)

Area Intelligence
Median Price
RM 250,000
PSF: RM 192

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 192

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, priced up to RM 300K, with a median price of RM 250K and a median price per square foot (PSF) of RM 192.

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 250K, with most transactions falling within a stable range of RM 222K to RM 278K, and a typical market range of RM 215K to RM 300K.

Most transactions involved cluster house, with high diversity across multiple property types.

The median PSF stands at RM 192, with core pricing between RM 165 and RM 219. Market pricing typically extends from RM 176.95 to RM 206.95, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK (P.LOT 1717), Melaka Tengah, Melaka

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Property Transactions

7 transactions grouped by road

RM 250,000
1,302 sqft
RM 192 PSF
RM 215,000
1,302 sqft
RM 165 PSF
RM 240,000
1,195 sqft
RM 201 PSF
RM 230,000
1,302 sqft
RM 177 PSF
RM 250,000
1,302 sqft
RM 192 PSF
RM 285,000
2,282 sqft
RM 125 PSF
RM 300,000
1,421 sqft
RM 211 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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