TAMAN MERBOK

TAMAN MERBOK in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 167.

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 550K, with most transactions falling within a stable range of RM 530K to RM 570K, and a typical market range of RM 508K to RM 593K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 167, with core pricing between RM 148 and RM 186. Market pricing typically extends from RM 148.75 to RM 185.25, reflecting moderate variation in unit pricing. With an IQR of RM 36.50 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.