Area Intelligence

TMN MERAK MAS

12 properties
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Median Price
RM 235,000
PSF: RM 136

Residential Market

Median Price

RM 170,000

IQR: RM 24
MAD: RM 15
RM 143 PSF 12.2%

PSF Trends (2021-2025)

TMN MERAK MAS in Alor Gajah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 235K and a median price per square foot (PSF) of RM 136.

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 RM 235K, with most transactions falling within a stable range of RM 120K to RM 350K, and a typical market range of RM 144K to RM 326K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 136, with core pricing between RM 113 and RM 160. Market pricing typically extends from RM 118.88 to RM 153.13, reflecting moderate variation in unit pricing. The spread of RM 34.25 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERAK MAS, Alor Gajah, Melaka

OSM

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Transactions

12 properties grouped by size

700 sqft
4 units Town House
RM 120,000
721 sqft · RM 166.00 PSF
Jul 2023
RM 100,000
700 sqft · RM 143.00 PSF
Mar 2023
RM 92,000
721 sqft · RM 128.00 PSF
Oct 2021
RM 90,000
700 sqft · RM 129.00 PSF
Aug 2021
1,550 sqft
4 units Single Storey Terraced
RM 280,000
JLN MERAK MAS 8
1,539 sqft · RM 182.00 PSF
Jun 2024
RM 250,000
JALAN MERAK EMAS 5
1,539 sqft · RM 162.00 PSF
Dec 2023
RM 220,000
JLN MERAK MAS 10
1,539 sqft · RM 143.00 PSF
Jul 2022
RM 220,000
JALAN MERAK MAS 9
1,539 sqft · RM 143.00 PSF
Dec 2021
3,200 sqft
3 units Single Storey Semi-D
RM 367,000
JALAN MERAK EMAS 5
3,197 sqft · RM 115.00 PSF
Sep 2024
RM 280,000
JALAN MERAK EMAS 6
3,208 sqft · RM 87.00 PSF
Aug 2024
RM 350,000
JALAN MERAK EMAS 5
3,197 sqft · RM 109.00 PSF
Jan 2024
3,550 sqft
1 units Single Storey Semi-D
RM 370,000
JALAN MERAK EMAS 6
3,552 sqft · RM 104.00 PSF
Sep 2023