Property Type
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Market Snapshot
ResidentialRM 308,500
RM 178 psfMedian transaction price
Taman Mas Merah, 75350 Melaka, Malaysia
MapsTaman Mas Merah in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,725 and 1,774 sqft, with a median price of RM 309K and a median price per square foot (PSF) of RM 178.
This area contains both residential and commercial properties. View 14 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 309K, with most transactions falling within a stable range of RM 230K to RM 387K, and a typical market range of RM 284K to RM 334K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 178, though individual units vary from RM 133 to RM 223 in the core range. The broader market spans RM 161.61 to RM 194.11, indicating diverse property characteristics. A wider spread (IQR: RM 32.50) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
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.