TAMAN MERAK (P.LOT 1717)

Area Intelligence
2022
Median Price
RM 569,000
PSF: RM 258

Residential PSF Trends

Median Price

RM 569,000

PSF: RM 258

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 15 subsale transactions in 2022, with a median price of RM 569K 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 569K, with most transactions falling within a stable range of RM 399K to RM 739K, and a typical market range of RM 441K to RM 697K.

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

The median PSF stands at RM 258, with core pricing between RM 210 and RM 305. Market pricing typically extends from RM 242.86 to RM 272.86, reflecting moderate variation in unit pricing. The spread of RM 30.00 (IQR) and deviation of RM 48 (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.

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

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Property Transactions

15 transactions grouped by road

2,207 - 3,003 sqft
RM 569,000
2,207 sqft
RM 258 PSF · Cluster House
RM 569,000
2,207 sqft
RM 258 PSF · Cluster House
RM 569,000
2,207 sqft
RM 258 PSF · Cluster House
RM 626,000
2,713 sqft
RM 231 PSF · Cluster House
RM 958,000
3,003 sqft
RM 319 PSF · Double Storey Semi-D
RM 569,000
2,207 sqft
RM 258 PSF · Cluster House
RM 569,000
2,207 sqft
RM 258 PSF
RM 504,000
2,207 sqft
RM 228 PSF
RM 426,000
2,347 sqft
RM 182 PSF
RM 350,000
1,421 sqft
RM 246 PSF
RM 569,000
2,207 sqft
RM 258 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
RM 575,000
1,819 sqft
RM 316 PSF

No Properties For Sale

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

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