Melaka
Melaka Tengah
Bkt Baru
TAMAN MERAK (P.LOT 1717)

TAMAN MERAK (P.LOT 1717)

Area Intelligence

2022

Median Price

RM 569,000

PSF: RM 258

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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 548K to RM 300K, and a typical market range of RM 441K to RM 300K.

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 306. Market pricing typically extends from RM 243.00 to RM 273.00, 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.

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.

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

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 250,000

JALAN M 8

1,302 sqft • RM 192.00 PSF

Jun 2022

RM 285,000

LORONG 3

2,282 sqft • RM 125.00 PSF

Jun 2022

RM 300,000

JALAN M4

1,238 sqft • RM 242.00 PSF

Jun 2022

Road	Price	Land PSF	Land	Date	Type
JALAN M 8	RM 250,000	RM 192.00	1,302 sqft	Jun 2022	Single Storey Terraced
LORONG 3	RM 285,000	RM 125.00	2,282 sqft	Jun 2022	Single Storey Terraced
JALAN M4	RM 300,000	RM 242.00	1,238 sqft	Jun 2022	Double Storey Terraced