Taman Mas Merah

75350 Melaka, Malaysia

Property Transactions

5 subsales grouped by size · Terrace →

Median
RM 230,000
PSF
RM 182
Price Size
1,100 sqft
Terrace
RM 200,000
Jalan Murni 9
1,098 sqft · RM 182 PSF
1,200 sqft
Terrace
RM 230,000
Jalan Jujur 2
1,195 sqft · RM 193 PSF
1,250 sqft
Terrace
RM 248,000
Jalan Murni 12
1,259 sqft · RM 197 PSF
1,450 sqft
Terrace
RM 230,000
Jalan Jujur
1,442 sqft · RM 159 PSF
1,750 sqft
Terrace
RM 230,000
Jalan Murni 2
1,733 sqft · RM 133 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 230,000

RM 182 psf

Median transaction price

Taman Mas Merah
© OpenStreetMap · CARTO

Taman Mas Merah, 75350 Melaka, Malaysia

Maps

Taman Mas Merah in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 182.

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 230K, with most transactions falling within a stable range of RM 215K to RM 245K, and a typical market range of RM 205K to RM 248K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 182, with core pricing between RM 158 and RM 206. Market pricing typically extends from RM 165.91 to RM 198.41, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.