TAMAN MAS MERAH

TAMAN MAS MERAH in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 182.

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 230K, with most transactions falling within a stable range of RM 215K to RM 245K, and a typical market range of RM 205K to RM 248K.

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

The median PSF stands at RM 182, with core pricing between RM 158 and RM 206. Market pricing typically extends from RM 165.50 to RM 198.50, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 24, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.