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, sized between 1,000 and 3,000 sqft, 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 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
2,650 sqft
Double Storey Shop
RM 600,000
JALAN MURNI 1
2,637 sqft · RM 228 PSF

No Properties For Sale

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

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