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

TAMAN MERAK (P.LOT 1717)

Area Intelligence

Median Price

RM 325,000

PSF: RM 248

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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 299K to RM 300K, and a typical market range of RM 215K to RM 300K.

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

For price per square foot, the median is RM 248, with most transactions between RM 224 and RM 272. The usual range is RM 233.00 to RM 263.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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

6 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Single Storey Terraced

1,200 sqft

Single Storey Terraced

RM 240,000

LORONG 3, JALAN M3

1,195 sqft · RM 201 PSF

Mar 2024

LORONG 3, JALAN M3

RM 240,000

RM 201

1,195 sqft

Mar 2024

1,250 sqft

Double Storey Terraced

1,250 sqft

Double Storey Terraced

RM 300,000

JALAN M4

1,238 sqft · RM 242 PSF

Jun 2022

JALAN M4

RM 300,000

RM 242

1,238 sqft

Jun 2022

1,300 sqft

Single Storey Terraced

1,300 sqft

Single Storey Terraced

RM 250,000

JALAN M 3

1,302 sqft · RM 192 PSF

Sep 2024

RM 215,000

JALAN M 6

1,302 sqft · RM 165 PSF

May 2024

RM 230,000

JALAN M8

1,302 sqft · RM 177 PSF

Apr 2023

RM 250,000

JALAN M 8

1,302 sqft · RM 192 PSF

Jun 2022

JALAN M 3	RM 250,000	RM 192	1,302 sqft	Sep 2024
JALAN M 6	RM 215,000	RM 165	1,302 sqft	May 2024
JALAN M8	RM 230,000	RM 177	1,302 sqft	Apr 2023
JALAN M 8	RM 250,000	RM 192	1,302 sqft	Jun 2022