TAMAN MERAK (P.LOT 1717)

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 6 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 245K and a median price per square foot (PSF) of RM 185.

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 185, with core pricing between RM 159 and RM 210. Market pricing typically extends from RM 169.50 to RM 199.50, 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.