Taman Merbok in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM290K and a median price per square foot (PSF) of RM199.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM290K, with most transactions falling within a stable range of RM270K to RM324K, and a typical market range of RM270K to RM333K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM199, with core pricing between RM175 and RM224. Market pricing typically extends from RM180.83 to RM217.33, reflecting moderate variation in unit pricing. With an IQR of RM36.50 and MAD of RM25, 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.