TAMAN MERAK (P.LOT 1717)

TAMAN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 8 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 435K and a median price per square foot (PSF) of RM 259.

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 435K, with most transactions falling within a stable range of RM 359K to RM 511K, and a typical market range of RM 307K to RM 563K.

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

The median PSF stands at RM 259, with core pricing between RM 215 and RM 304. Market pricing typically extends from RM 244.00 to RM 274.00, reflecting moderate variation in unit pricing. The spread of RM 30.00 (IQR) and deviation of RM 45 (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.