TAMAN MAS MERAH

TAMAN MAS MERAH in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 163.

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. The median price is RM 200K, with most transactions falling within a stable range of RM 163K to RM 230K, and a typical market range of RM 175K to RM 225K.

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

The median PSF stands at RM 163, with core pricing between RM 132 and RM 194. Market pricing typically extends from RM 146.50 to RM 179.50, reflecting moderate variation in unit pricing. The spread of RM 33.00 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.