|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan M 10
|
RM 500,000
|
RM 231
|
2,164 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan M10
|
RM 525,000
|
RM 243
|
2,164 sqft
|
|
2-Sty Terrace |
|
Jalan M10
|
RM 490,000
|
RM 226
|
2,164 sqft
|
|
2-Sty Terrace |
|
Jalan Merbok 8
|
RM 499,000
|
RM 231
|
2,164 sqft
|
|
2-Sty Terrace |
|
Jalan Merbok 10
|
RM 420,000
|
RM 194
|
2,164 sqft
|
|
2-Sty Terrace |
|
Jalan Merbok 9
|
RM 455,000
|
RM 210
|
2,164 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 494,500
RM 229 psfMedian transaction price
Taman Merbok, 75450 Melaka, Malaysia
MapsTaman Merbok in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, sized between 2,125 and 2,174 sqft, with a median price of RM 495K and a median price per square foot (PSF) of RM 229.
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 495K, with most transactions falling within a stable range of RM 460K to RM 525K, and a typical market range of RM 420K to RM 525K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 229, with most transactions between RM 213 and RM 244. The usual range is RM 178.06 to RM 279.06, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 16, 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.