TAMAN MAS MERAH

Area Intelligence
2024
Median Price
RM 250,000
PSF: RM 182

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 180

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.

The median PSF stands at RM 182, with core pricing between RM 163 and RM 201. Market pricing typically extends from RM 165.66 to RM 198.66, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MAS MERAH, Melaka Tengah, Melaka

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Property Transactions

5 transactions grouped by road

RM 250,000
1,292 sqft
RM 194 PSF
RM 250,000
1,432 sqft
RM 175 PSF
RM 250,000
1,399 sqft
RM 179 PSF
RM 600,000
2,637 sqft
RM 228 PSF
RM 200,000
1,098 sqft
RM 182 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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