Area Intelligence

TMN MERAK MAS

4 properties
Double Storey Terraced
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Median Price
RM 524,500
PSF: RM 286

Residential Market

Median Price

RM 524,500

IQR: RM 47
MAD: RM 25
RM 286 PSF

PSF Trends (2021-2025)

TMN MERAK MAS in Melaka Tengah, Melaka recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 525K and a median price per square foot (PSF) of RM 286.

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 525K, with most transactions falling within a stable range of RM 430K to RM 673K, and a typical market range of RM 430K to RM 627K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with minimal variety in property types.

The median PSF stands at RM 286, with core pricing between RM 231 and RM 340. Market pricing typically extends from RM 262.25 to RM 308.75, reflecting moderate variation in unit pricing. The spread of RM 46.50 (IQR) and deviation of RM 54 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERAK MAS, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,450 sqft
1 units Double Storey Terraced
RM 430,000
JLN MERAK MAS 1/1A
1,475 sqft · RM 292.00 PSF
Mar 2023
1,550 sqft
1 units Double Storey Terraced
RM 599,000
JLN MERAK MAS 1/1A
1,539 sqft · RM 389.00 PSF
Jun 2023
1,600 sqft
1 units Double Storey Terraced
RM 450,000
LRG 1
1,615 sqft · RM 279.00 PSF
Feb 2023
3,300 sqft
1 units Double Storey Terraced
RM 800,000
JALAN MM 1/2
3,305 sqft · RM 242.00 PSF
Feb 2023