Taman Merak (P.lot 1717)

1717, Jalan Bukit Baru, 75150 Melaka, Malaysia

Property Transactions

15 subsales grouped by size

Median
RM 569,000
PSF
RM 258
Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
Terrace
RM 250,000
Jalan M 8
1,302 sqft · RM 192 PSF
1,400 sqft
2-Sty Terrace
RM 350,000
Lorong 2
1,421 sqft · RM 246 PSF
RM 300,000
Jalan M4
1,421 sqft · RM 211 PSF
1,800 sqft
2-Sty Terrace
RM 575,000
Jalan M 3
1,819 sqft · RM 316 PSF
2,200 sqft
Cluster
RM 569,000
Jalan M (P/Lot 1699)
2,207 sqft · RM 258 PSF
RM 504,000
Jalan M (P/Lot 1699)
2,207 sqft · RM 228 PSF
RM 569,000
Jalan M (P/Lot 1716)
2,207 sqft · RM 258 PSF
RM 569,000
Jalan M9A
2,207 sqft · RM 258 PSF
RM 569,000
Jalan M (P/Lot 1716)
2,207 sqft · RM 258 PSF
RM 569,000
Jalan M (P/Lot 1716)
2,207 sqft · RM 258 PSF
RM 569,000
Jalan M (P/Lot 1716)
2,207 sqft · RM 258 PSF
2,300 sqft
Terrace
RM 285,000
Lorong 3
2,282 sqft · RM 125 PSF
2,350 sqft
2-Sty Terrace
RM 426,000
Jalan M
2,347 sqft · RM 182 PSF
2,700 sqft
Cluster
RM 626,000
Jalan M (P/Lot 1716)
2,713 sqft · RM 231 PSF
3,000 sqft
Semi-D
RM 958,000
Jalan M (P/Lot 1716)
3,003 sqft · RM 319 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 569,000

RM 258 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 15 subsale transactions in 2022, with a median price of RM 569K and a median price per square foot (PSF) of RM 258.

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 569K, with most transactions falling within a stable range of RM 399K to RM 739K, and a typical market range of RM 441K to RM 697K.

Most transactions involved cluster house, with high diversity across multiple property types.

The median PSF stands at RM 258, with core pricing between RM 210 and RM 305. Market pricing typically extends from RM 242.86 to RM 272.86, reflecting moderate variation in unit pricing. The spread of RM 30.00 (IQR) and deviation of RM 48 (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.