Taman Merak (P.lot 1717)

1717, Jalan Bukit Baru, 75150 Melaka, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 245,000
PSF
RM 184
Price Size
1,200 sqft
Terrace
RM 240,000
Lorong 3, Jalan M3
1,195 sqft · RM 201 PSF
1,300 sqft
Terrace
RM 250,000
Jalan M 3
1,302 sqft · RM 192 PSF
RM 215,000
Jalan M 6
1,302 sqft · RM 165 PSF
RM 230,000
Jalan M8
1,302 sqft · RM 177 PSF
RM 250,000
Jalan M 8
1,302 sqft · RM 192 PSF
2,300 sqft
Terrace
RM 285,000
Lorong 3
2,282 sqft · RM 125 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 245,000

RM 184 psf

Median transaction price

Taman Merak (P.lot 1717)
© OpenStreetMap · CARTO

1717, Jalan Bukit Baru, 75150 Melaka, Malaysia

Maps

Taman Merak (P.lot 1717) in Melaka Tengah, Melaka recorded 6 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 245K and a median price per square foot (PSF) of RM 184.

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 245K, with most transactions falling within a stable range of RM 223K to RM 267K, and a typical market range of RM 215K to RM 285K.

Within the Single Storey Terraced category, cluster house dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 184, with core pricing between RM 159 and RM 210. Market pricing typically extends from RM 169.27 to RM 199.27, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.