TAMAN MERAK (P.LOT 1717)

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 244K to RM 407K, and a typical market range of RM 197K to RM 453K.

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 233 and RM 263. 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 15 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.