TMN MERAK

TMN MERAK in Melaka Tengah, Melaka recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 618K and a median price per square foot (PSF) of RM 286.

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 618K, with most transactions falling within a stable range of RM 418K to RM 818K, and a typical market range of RM 461K to RM 775K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 286, though individual units vary from RM 219 to RM 353 in the core range. The broader market spans RM 238.75 to RM 333.25, indicating diverse property characteristics. The spread of RM 94.50 (IQR) and deviation of RM 67 (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.