Taman Mas Merah

75350 Melaka, Malaysia

Property Transactions

1 subsales grouped by size · Terrace →

Median
RM 160,000
PSF
RM 104
Price Size
1,550 sqft
Terrace
RM 160,000
Jalan Murni
1,539 sqft · RM 104 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 160,000

RM 104 psf

Median transaction price

Taman Mas Merah
© OpenStreetMap · CARTO

Taman Mas Merah, 75350 Melaka, Malaysia

Maps

Taman Mas Merah in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, 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 14 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, with moderate diversity in property types available.

For price per square foot, the median is RM 104, with most transactions between RM 104 and RM 104. The usual range is RM 87.70 to RM 120.20, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 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.