Taman Merak (P.lot 1717)

1717, Jalan Bukit Baru, 75150 Melaka, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 528,500
PSF
RM 244
Price Size
Period
transactions middle 50% (P25–P75)
2,000 sqft
Cluster
RM 547,000
Jalan M (P/Lot 1716)
2,013 sqft · RM 272 PSF
2,200 sqft
Cluster
RM 569,000
Jalan M (P/Lot 1716)
2,207 sqft · RM 258 PSF
RM 510,000
Jalan M (P/Lot 1716)
2,207 sqft · RM 231 PSF
2,350 sqft
2-Sty Terrace
RM 471,000
Jalan M
2,347 sqft · RM 201 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 528,500

RM 244 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 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.