Area Intelligence

TMN MERAK (P.LOT 1717)

15 properties
2022
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Median Price
RM 569,000
PSF: RM 258

Residential Market

Median Price

RM 569,000

IQR: RM 30
MAD: RM 15
RM 258 PSF 6.4%

PSF Trends (2021-2025)

TMN MERAK (P.LOT 1717) in Melaka Tengah, Melaka recorded 15 subsale transactions in 2022, with a median price of RM 569K and a median price per square foot (PSF) of RM 258.

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 569K, with most transactions falling within a stable range of RM 399K to RM 739K, and a typical market range of RM 441K to RM 697K.

Most transactions involved cluster house, with high diversity across multiple property types.

Price per square foot shows a median of RM 258, though individual units vary from RM 204 to RM 312 in the core range. The broader market spans RM 243.00 to RM 273.00, indicating diverse property characteristics. The spread of RM 30.00 (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 (P.LOT 1717), Melaka Tengah, Melaka

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Transactions

15 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 300,000
JALAN M4
1,238 sqft · RM 242.00 PSF
Jun 2022
1,300 sqft
2 units
RM 350,000
Double Storey Terraced LRG 2
1,302 sqft · RM 269.00 PSF
Oct 2022
RM 250,000
Single Storey Terraced JALAN M 8
1,302 sqft · RM 192.00 PSF
Jun 2022
1,500 sqft
1 units Double Storey Terraced
RM 575,000
JALAN M 3
1,496 sqft · RM 384.00 PSF
May 2022
1,700 sqft
1 units Double Storey Terraced
RM 426,000
JLN M
1,679 sqft · RM 254.00 PSF
Dec 2022
2,200 sqft
7 units Cluster House
RM 569,000
JLN M (P/LOT 1699)
2,207 sqft · RM 258.00 PSF
Sep 2022
RM 504,000
JLN M (P/LOT 1699)
2,207 sqft · RM 228.00 PSF
Aug 2022
RM 569,000
JLN M (P/LOT 1716)
2,207 sqft · RM 258.00 PSF
Aug 2022
RM 569,000
JLN M9A
2,207 sqft · RM 258.00 PSF
Aug 2022
RM 569,000
JLN M (P/LOT 1716)
2,207 sqft · RM 258.00 PSF
May 2022
RM 569,000
JLN M (P/LOT 1716)
2,207 sqft · RM 258.00 PSF
Mar 2022
RM 569,000
JLN M (P/LOT 1716)
2,207 sqft · RM 258.00 PSF
Jan 2022
2,300 sqft
1 units Single Storey Terraced
RM 285,000
LORONG 3
2,282 sqft · RM 125.00 PSF
Jun 2022
2,700 sqft
1 units Cluster House
RM 626,000
JLN M (P/LOT 1716)
2,713 sqft · RM 231.00 PSF
Mar 2022
3,000 sqft
1 units Double Storey Semi-D
RM 958,000
JLN M (P/LOT 1716)
3,003 sqft · RM 319.00 PSF
Jan 2022