LIST

Melaka, Melaka Tengah, Bkt Baru

TAMAN MERAK (P.LOT 1717)

Area Intelligence
2022
Median Price
RM 350,000
PSF: RM 254
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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 254

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 254.

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 350K, with most transactions falling within a stable range of RM 250K to RM 463K, and a typical market range of RM 250K to RM 478K.

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

Price per square foot shows a median of RM 254, though individual units vary from RM 191 to RM 317 in the core range. The broader market spans RM 239.00 to RM 269.00, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 63 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Custom Range
Clear
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
1,500 sqft
Double Storey Terraced
RM 575,000
JALAN M 3
1,496 sqft · RM 384 PSF
1,700 sqft
Double Storey Terraced
RM 426,000
JALAN M
1,679 sqft · RM 254 PSF

No Properties For Sale

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

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