| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan M (P/Lot 1716)
|
RM 547,000
|
RM 272
|
2,013 sqft
|
|
|
Jalan M (P/Lot 1716)
|
RM 569,000
|
RM 258
|
2,207 sqft
|
|
|
|
Jalan M (P/Lot 1716)
|
RM 510,000
|
RM 231
|
2,207 sqft
|
|
|
Jalan M
|
RM 471,000
|
RM 201
|
2,347 sqft
|
|
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Market Snapshot
ResidentialRM 528,500
RM 244 psfMedian transaction price
1717, Jalan Bukit Baru, 75150 Melaka, Malaysia
MapsTaman Merak (P.lot 1717) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 529K and a median price per square foot (PSF) of RM 244.
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 529K, with most transactions falling within a stable range of RM 491K to RM 566K, and a typical market range of RM 471K to RM 569K.
Most transactions involved cluster house, with high diversity across multiple property types.
The median PSF stands at RM 244, with core pricing between RM 217 and RM 272. Market pricing typically extends from RM 229.49 to RM 259.49, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.