TAMAN MERAK (P.LOT 1717)

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 958K and a median price per square foot (PSF) of RM 319.

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 958K, with most transactions falling within a stable range of RM 877K to RM 1.04 million, and a typical market range of RM 830K to RM 1.09 million.

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

For price per square foot, the median is RM 319, with most transactions between RM 304 and RM 334. The usual range is RM 304.00 to RM 334.00, 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 15 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.