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Market Snapshot
ResidentialRM 115,000
RM 150 psfMedian transaction price
Taman Merak Mas, 75450 Bukit Katil, Melaka, Malaysia
MapsTaman Merak Mas in Melaka Tengah, Melaka recorded 2 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 115K and a median price per square foot (PSF) of RM 150.
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 115K, with most transactions falling within a stable range of RM 100K to RM 130K, and a typical market range of RM 100K to RM 130K.
Within the Low-Cost Flat category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 150, with core pricing between RM 131 and RM 170. Market pricing typically extends from RM 128.73 to RM 172.23, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.
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.