TAMAN MAS MERAH

Area Intelligence
2024
Median Price
RM 250,000
PSF: RM 180

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 180

TAMAN MAS MERAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, priced up to RM 300K, with a median price of RM 250K and a median price per square foot (PSF) of RM 180.

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 228K to RM 250K, and a typical market range of RM 225K to RM 250K.

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

For price per square foot, the median is RM 180, with most transactions between RM 173 and RM 187. The usual range is RM 163.91 to RM 196.91, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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.

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TAMAN MAS MERAH, Melaka Tengah, Melaka

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Property Transactions

4 transactions grouped by size

1,100 sqft
Single Storey Terraced
RM 200,000
JALAN MURNI 9
1,098 sqft · RM 182 PSF
1,300 sqft
Single Storey Terraced
RM 250,000
JALAN JUJUR
1,292 sqft · RM 194 PSF
1,400 sqft
Single Storey Terraced
RM 250,000
JALAN MURNI 8
1,399 sqft · RM 179 PSF
1,450 sqft
Single Storey Terraced
RM 250,000
JALAN JUJUR
1,432 sqft · RM 175 PSF

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

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