TAMAN MERAK (P.LOT 1717)

Area Intelligence
Median Price
RM 325,000
PSF: RM 248

Residential PSF Trends

Median Price

RM 325,000

PSF: RM 248

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 325K and a median price per square foot (PSF) of RM 248.

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 325K, with most transactions falling within a stable range of RM 215K to RM 435K, and a typical market range of RM 215K to RM 453K.

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

Price per square foot shows a median of RM 248, though individual units vary from RM 191 to RM 305 in the core range. The broader market spans RM 233.00 to RM 263.00, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 57 (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. 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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Transactions

12 transactions found

RM 250,000
JALAN M 3
1,302 sqft RM 192.00 PSF
RM 215,000
JALAN M 6
1,302 sqft RM 165.00 PSF
RM 435,000
JALAN MERAK MAS 15
1,679 sqft RM 259.00 PSF
RM 240,000
LORONG 3, JALAN M3
1,195 sqft RM 201.00 PSF
RM 435,000
JALAN MERAK MAS 15
1,679 sqft RM 259.00 PSF
RM 435,000
JALAN M
1,679 sqft RM 259.00 PSF
RM 230,000
JALAN M8
1,302 sqft RM 177.00 PSF
RM 426,000
JALAN M
1,679 sqft RM 254.00 PSF
RM 350,000
LORONG 2
1,302 sqft RM 269.00 PSF
RM 250,000
JALAN M 8
1,302 sqft RM 192.00 PSF
RM 300,000
JALAN M4
1,238 sqft RM 242.00 PSF
RM 575,000
JALAN M 3
1,496 sqft RM 384.00 PSF

No Properties For Sale

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

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