Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Murni 9
|
RM 200,000
|
RM 182
|
1,098 sqft
|
|
|
Jalan Jujur
|
RM 250,000
|
RM 194
|
1,292 sqft
|
|
|
Jalan Murni 8
|
RM 250,000
|
RM 179
|
1,399 sqft
|
|
|
Jalan Jujur
|
RM 250,000
|
RM 175
|
1,432 sqft
|
|
|
Jalan Murni 1
|
RM 600,000
|
RM 228
|
2,637 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 180 psfMedian transaction price
Taman Mas Merah, 75350 Melaka, Malaysia
MapsTaman Mas Merah in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, 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 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 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, with moderate diversity in property types available.
The median PSF stands at RM 182, with core pricing between RM 163 and RM 201. 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 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.