| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 2
|
RM 350,000
|
RM 246
|
1,421 sqft
|
|
|
|
Jalan M4
|
RM 300,000
|
RM 211
|
1,421 sqft
|
|
|
Jalan M 3
|
RM 575,000
|
RM 316
|
1,819 sqft
|
|
|
Jalan Merak Mas 15
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
|
|
Jalan Merak Mas 15
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
|
|
Jalan M
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
|
|
Jalan M
|
RM 426,000
|
RM 182
|
2,347 sqft
|
|
|
|
Jalan M
|
RM 471,000
|
RM 201
|
2,347 sqft
|
|
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Market Snapshot
ResidentialRM 435,000
RM 193 psfMedian transaction price
1717, Jalan Bukit Baru, 75150 Melaka, Malaysia
MapsTaman Merak (P.lot 1717) in Melaka Tengah, Melaka recorded 8 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 435K and a median price per square foot (PSF) of RM 193.
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.
Price per square foot shows a median of RM 193, though individual units vary from RM 150 to RM 237 in the core range. The broader market spans RM 178.05 to RM 208.05, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 44 (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.