TAMAN MAS MERAH

TAMAN MAS MERAH in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 250K 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 250K, with most transactions falling within a stable range of RM 200K to RM 396K, and a typical market range of RM 225K to RM 275K.

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

Price per square foot shows a median of RM 182, though individual units vary from RM 99 to RM 265 in the core range. The broader market spans RM 165.50 to RM 198.50, indicating diverse property characteristics. A wider spread (IQR: RM 33.00) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

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.