TMN MERAK MAS
Residential Market
Median Price
RM 185,000
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 4 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 153.
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 185K, with most transactions falling within a stable range of RM 100K to RM 294K, and a typical market range of RM 100K to RM 276K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 153, with core pricing between RM 128 and RM 177. Market pricing typically extends from RM 135.38 to RM 169.63, reflecting moderate variation in unit pricing. The spread of RM 34.25 (IQR) and deviation of RM 25 (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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 120,000
|
RM 166.00
|
721 sqft
|
Jul 2023
|
||
|
RM 100,000
|
RM 143.00
|
700 sqft
|
Mar 2023
|
|
JALAN MERAK EMAS 5
|
RM 250,000
|
RM 162.00
|
1,539 sqft
|
Dec 2023
|
|
JALAN MERAK EMAS 6
|
RM 370,000
|
RM 104.00
|
3,552 sqft
|
Sep 2023
|