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 504K to RM 689K, and a typical market range of RM 504K 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 214 and RM 302. 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 44 (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

OSM

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Transactions

10 transactions grouped by size

1,500 sqft
Double Storey Terraced
RM 575,000
JALAN M 3
1,496 sqft · RM 384 PSF
2,200 sqft
Cluster House
RM 569,000
JALAN M (P/LOT 1699)
2,207 sqft · RM 258 PSF
RM 504,000
JALAN M (P/LOT 1699)
2,207 sqft · RM 228 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M9A
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
2,700 sqft
Cluster House
RM 626,000
JALAN M (P/LOT 1716)
2,713 sqft · RM 231 PSF
3,000 sqft
Double Storey Semi-D
RM 958,000
JALAN M (P/LOT 1716)
3,003 sqft · RM 319 PSF

No Properties For Sale

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

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