TAMAN MERAK

TAMAN MERAK in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 618K and a median price per square foot (PSF) of RM 401.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 401, with most transactions between RM 401 and RM 401. The usual range is RM 353.75 to RM 448.25, showing that most units are priced quite close to each other. With an IQR of RM 94.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.