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 14 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 443K 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.

Price per square foot shows a median of RM 258, though individual units vary from RM 206 to RM 310 in the core range. The broader market spans RM 243.00 to RM 273.00, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 52 (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. 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

OSM

Track location

Transactions

14 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
1,500 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
2,200 sqft
Cluster House
RM 569,000
JALAN M (P/LOT 1699)
2,207 sqft · RM 258 PSF
RM 504,000
JALAN M (P/LOT 1699)
2,207 sqft · RM 228 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M9A
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
RM 569,000
JALAN M (P/LOT 1716)
2,207 sqft · RM 258 PSF
2,300 sqft
Single Storey Terraced
RM 285,000
LORONG 3
2,282 sqft · RM 125 PSF
2,700 sqft
Cluster House
RM 626,000
JALAN M (P/LOT 1716)
2,713 sqft · RM 231 PSF

No Properties For Sale

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

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