TAMAN MAS MERAH JAYA

TAMAN MAS MERAH JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 275K and a median price per square foot (PSF) of RM 151.

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 275K, with most transactions falling within a stable range of RM 240K to RM 310K, and a typical market range of RM 238K to RM 313K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 151, though individual units vary from RM 117 to RM 185 in the core range. The broader market spans RM 120.25 to RM 180.75, indicating diverse property characteristics. The spread of RM 60.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

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.