TAMAN MERAK

TAMAN MERAK in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 509K and a median price per square foot (PSF) of RM 265.

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 509K, with most transactions falling within a stable range of RM 345K to RM 673K, and a typical market range of RM 352K to RM 666K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 265, though individual units vary from RM 198 to RM 332 in the core range. The broader market spans RM 217.25 to RM 311.75, indicating diverse property characteristics. A wider spread (IQR: RM 94.50) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.

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.