TAMAN MAS MERAH

Area Intelligence
1 subsale transactions
Double Storey Shop
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Median Price
RM 600,000
PSF: RM 390

Residential PSF Trends

Median Price

RM 230,000

PSF: RM 179

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MAS MERAH in Melaka Tengah, Melaka recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 600K and a median price per square foot (PSF) of RM 390.

This area contains both residential and commercial properties. View 13 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 390, with most transactions between RM 390 and RM 390. The usual range is RM 373.50 to RM 406.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 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.

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TAMAN MAS MERAH, Melaka Tengah, Melaka

OSM

Transactions

1 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,550 sqft
Double Storey Shop
RM 600,000
JALAN MURNI 1
1,539 sqft · RM 390.00 PSF
May 2024