| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mm 3
|
RM 234,000
|
RM 105
|
2,228 sqft
|
|
|
Jalan Merak Mas 2/1B
|
RM 460,000
|
RM 175
|
2,626 sqft
|
|
|
|
Jalan Merak Mas 2/1
|
RM 350,000
|
RM 133
|
2,626 sqft
|
|
|
Taman Merak Mas
|
RM 680,000
|
RM 223
|
3,046 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 133 psfMedian transaction price
Taman Merak Mas, 75450 Bukit Katil, Melaka, Malaysia
MapsTaman Merak Mas in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, sized between 2,000 and 5,000 sqft, with a median price of RM 405K and a median price per square foot (PSF) of RM 154.
This area contains both residential and commercial properties. View 25 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 405K, with most transactions falling within a stable range of RM 241K to RM 569K, and a typical market range of RM 329K to RM 481K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 154, though individual units vary from RM 110 to RM 199 in the core range. The broader market spans RM 132.45 to RM 175.95, indicating diverse property characteristics. A wider spread (IQR: RM 43.50) and deviation (MAD: RM 45) 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.