|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan M 10
|
RM 500,000
|
RM 231
|
2,164 sqft
|
|
2-Sty Terrace |
|
Jalan Merbok 1
|
RM 300,000
|
RM 129
|
2,325 sqft
|
|
Terrace |
|
Jalan Merbok 3
|
RM 205,000
|
RM 172
|
1,195 sqft
|
|
Terrace |
|
Jalan M
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
2-Sty Terrace |
|
Jalan M
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
2-Sty Terrace |
|
Level 3
|
RM 140,000
|
RM 203
|
689 sqft
|
|
LC Flat |
|
Jalan Merak Mas 15
|
RM 858,000
|
RM 385
|
2,228 sqft
|
|
2-Sty Terrace |
|
Jalan M1
|
RM 410,000
|
RM 237
|
1,733 sqft
|
|
2-Sty Terrace |
|
Jalan M 17
|
RM 665,000
|
RM 336
|
1,981 sqft
|
|
2-Sty Terrace |
|
Jalan M21
|
RM 500,000
|
RM 224
|
2,228 sqft
|
|
2-Sty Terrace |
|
Jalan M21
|
RM 600,000
|
RM 269
|
2,228 sqft
|
|
2-Sty Terrace |
|
Jalan M
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
2-Sty Terrace |
|
Jalan Merbok 1
|
RM 240,000
|
RM 170
|
1,410 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 435,000
RM 203 psfMedian transaction price
Taman Merbok, 75450 Melaka, Malaysia
MapsTaman Merbok in Melaka Tengah, Melaka recorded 13 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 203.
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 435K, with most transactions falling within a stable range of RM 246K to RM 624K, and a typical market range of RM 324K to RM 546K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 203, though individual units vary from RM 135 to RM 271 in the core range. The broader market spans RM 152.73 to RM 253.73, indicating diverse property characteristics. A wider spread (IQR: RM 101.00) and deviation (MAD: RM 68) 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.