Melaka
Melaka Tengah
Bt Berendam
TAMAN MAS MERAH

TAMAN MAS MERAH

Area Intelligence

2021

Median Price

RM 160,000

PSF: RM 104

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Residential PSF Trends

Median Price

RM 160,000

PSF: RM 104

TAMAN MAS MERAH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, sized between 1,000 and 3,000 sqft, with a median price of RM 160K and a median price per square foot (PSF) of RM 104.

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.

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 104, with most transactions between RM 104 and RM 104. The usual range is RM 87.45 to RM 120.45, 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 0 indicate a highly stable PSF trend across properties.

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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