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 471K to RM 626K, and a typical market range of RM 441K to RM 626K.

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

The median PSF stands at RM 258, with core pricing between RM 220 and RM 296. Market pricing typically extends from RM 243.00 to RM 273.00, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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

5 transactions grouped by size

1,250 sqft
Double Storey Terraced
RM 300,000
JALAN M4
1,238 sqft · RM 242 PSF
1,300 sqft
RM 350,000
LORONG 2
1,302 sqft · RM 269 PSF
RM 250,000
JALAN M 8
1,302 sqft · RM 192 PSF
1,700 sqft
Double Storey Terraced
RM 426,000
JALAN M
1,679 sqft · RM 254 PSF
2,300 sqft
Single Storey Terraced
RM 285,000
LORONG 3
2,282 sqft · RM 125 PSF

No Properties For Sale

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

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