| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan M2
|
RM 285,000
|
RM 185
|
1,539 sqft
|
|
|
|
Jalan M2A
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
|
Jalan M2-B
|
RM 270,000
|
RM 150
|
1,798 sqft
|
|
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Market Snapshot
ResidentialRM 280,000
RM 182 psfMedian transaction price
Taman Merak, Taman Merak Mas, 75450 Bukit Katil, Malacca, Malaysia
MapsTaman Merak (P.lot 1717) in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 280K and a median price per square foot (PSF) of RM 182.
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 280K, with most transactions falling within a stable range of RM 274K to RM 285K, and a typical market range of RM 270K to RM 285K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 182, with most transactions between RM 166 and RM 198. The usual range is RM 163.41 to RM 200.41, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 16 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.