TMN MERAK MAS
Residential Market
Median Price
RM 220,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
19 properties
Median Price
RM 236,000
+4.9% CAGR
Median PSF
RM 169.75
+6.8% CAGR
Double Storey Terraced
10 properties
Median Price
RM 450,000
+14.7% CAGR
Median PSF
RM 289.00
+30.9% CAGR
Single Storey Semi-D
6 properties
Median Price
RM 359,250
-0.4% CAGR
Median PSF
RM 115.25
-5.5% CAGR
Town House
4 properties
Median Price
RM 100,500
+9.9% CAGR
Median PSF
RM 141.50
+9.7% CAGR
Low-Cost Flat
2 properties
Median Price
RM 115,000
+30.0% CAGR
Median PSF
RM 150.50
+29.8% CAGR
Double Storey Shop
1 properties
Median Price
RM 680,000
Median PSF
RM 385.00
Detached
1 properties
Median Price
RM 1,600,000
Median PSF
RM 217.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 19 |
RM 236,000
±10K MAD
|
+4.94% |
RM 169.75
±16 MAD
|
+6.82% | |
| Double Storey Terraced | 10 |
RM 450,000
±50K MAD
|
+14.71% |
RM 289.00
±72 MAD
|
+30.93% | |
| Single Storey Semi-D | 6 |
RM 359,250
±1K MAD
|
-0.42% |
RM 115.25
±3 MAD
|
-5.49% | |
| Town House | 4 |
RM 100,500
±10K MAD
|
+9.95% |
RM 141.50
±13 MAD
|
+9.65% | |
| Low-Cost Flat | 2 |
RM 115,000
±15K MAD
|
+30.00% |
RM 150.50
±20 MAD
|
+29.77% | |
| Double Storey Shop | 1 |
RM 680,000
|
- |
RM 385.00
|
- | |
| Detached | 1 |
RM 1,600,000
|
- |
RM 217.00
|
- |
TMN MERAK MAS in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 220K and a median price per square foot (PSF) of RM 143.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
For price per square foot, the median is RM 143, with most transactions between RM 143 and RM 143. The usual range is RM 125.88 to RM 160.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN MERAK MAS 10
|
RM 220,000
|
RM 143.00
|
1,539 sqft
|
Jul 2022
|