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.

Price per square foot shows a median of RM 258, though individual units vary from RM 204 to RM 312 in the core range. The broader market spans RM 243.00 to RM 273.00, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 54 (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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Transactions

15 transactions found

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 569,000
JALAN M (P/LOT 1699)
2,207 sqft RM 258.00 PSF
RM 504,000
JALAN M (P/LOT 1699)
2,207 sqft RM 228.00 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft RM 258.00 PSF
RM 569,000
JALAN M9A
2,207 sqft RM 258.00 PSF
RM 250,000
JALAN M 8
1,302 sqft RM 192.00 PSF
RM 285,000
LORONG 3
2,282 sqft RM 125.00 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
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft RM 258.00 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft RM 258.00 PSF
RM 626,000
JALAN M (P/LOT 1716)
2,713 sqft RM 231.00 PSF
RM 958,000
JALAN M (P/LOT 1716)
3,003 sqft RM 319.00 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft RM 258.00 PSF

No Properties For Sale

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

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