TAMAN MERAK

Area Intelligence

Median Price

RM 754,000

PSF: RM 334

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Residential PSF Trends

Median Price

RM 754,000

PSF: RM 334

TAMAN MERAK in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, priced between RM 500K and RM 1.00 million, with a median price of RM 754K and a median price per square foot (PSF) of RM 334.

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 754K, with most transactions falling within a stable range of RM 618K to RM 890K, and a typical market range of RM 618K to RM 890K.

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

The median PSF stands at RM 334, with core pricing between RM 273 and RM 394. Market pricing typically extends from RM 286.32 to RM 380.82, reflecting moderate variation in unit pricing. The spread of RM 94.50 (IQR) and deviation of RM 60 (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.

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TAMAN MERAK, Melaka Tengah, Melaka

OSM