|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan M1
|
RM 320,000
|
RM 208
|
1,539 sqft
|
|
Terrace |
|
Jalan Merbok 1/8
|
RM 412,000
|
RM 238
|
1,733 sqft
|
|
2-Sty Terrace |
|
Level 4
|
RM 110,000
|
RM 160
|
689 sqft
|
|
LC Flat |
|
Jalan Merbok 17
|
RM 890,000
|
RM 278
|
3,197 sqft
|
|
Semi-D |
|
Jalan M (P/Lot 1716)
|
RM 590,000
|
RM 241
|
2,443 sqft
|
|
Semi-D |
|
Jalan Merbok
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
2-Sty Terrace |
|
Jalan M
|
RM 435,000
|
RM 185
|
2,347 sqft
|
|
2-Sty Terrace |
|
Jalan Merbok 1/6
|
RM 400,000
|
RM 231
|
1,733 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 423,500
RM 219 psfMedian transaction price
Taman Merbok, 75450 Melaka, Malaysia
MapsTaman Merbok in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 424K and a median price per square foot (PSF) of RM 219.
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 424K, with most transactions falling within a stable range of RM 214K to RM 633K, and a typical market range of RM 313K to RM 534K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 219, with core pricing between RM 183 and RM 255. Market pricing typically extends from RM 168.85 to RM 269.85, reflecting moderate variation in unit pricing. The spread of RM 101.00 (IQR) and deviation of RM 36 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.