| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan M2B
|
RM 370,000
|
RM 133
|
2,788 sqft
|
|
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Market Snapshot
ResidentialRM 370,000
RM 133 psfMedian transaction price
Taman Merak, Taman Merak Mas, 75450 Bukit Katil, Malacca, Malaysia
MapsTaman Merak (P.lot 1717) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 370K and a median price per square foot (PSF) of RM 133.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 133, with most transactions between RM 133 and RM 133. The usual range is RM 114.22 to RM 151.22, 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 0 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.