TMN MERAK (P.LOT 1717)

TMN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 569K and a median price per square foot (PSF) of RM 258.

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 569K, with most transactions falling within a stable range of RM 543K to RM 569K, and a typical market range of RM 504K to RM 569K.

Most transactions involved 3 - 3 1/2 sto, with high diversity across multiple property types.

For price per square foot, the median is RM 258, with most transactions between RM 246 and RM 270. The usual range is RM 243.00 to RM 273.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.