Area Intelligence

TMN MERAK MAS

11 properties
2022
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Median Price
RM 250,000
PSF: RM 176

Residential Market

Median Price

RM 250,000

IQR: RM 43
MAD: RM 25
RM 176 PSF 1.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 680,000

RM 385 PSF

PSF Trends (2021-2025)

TMN MERAK MAS in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 176.

This area contains both residential and commercial properties. View 24 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 159K to RM 341K, and a typical market range of RM 171K to RM 329K.

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

Price per square foot shows a median of RM 176, though individual units vary from RM 139 to RM 214 in the core range. The broader market spans RM 153.75 to RM 198.25, indicating diverse property characteristics. The spread of RM 44.50 (IQR) and deviation of RM 38 (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, Melaka Tengah, Melaka

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Transactions

11 properties found

Double Storey Terraced JLN M2
RM 365,000
1,679 sqft Dec 2022
RM 217.00 PSF
Single Storey Terraced JALAN MERAK MAS 6
RM 280,000
1,593 sqft Oct 2022
RM 176.00 PSF
Single Storey Terraced JLN MERAK MAS 1/6
RM 160,000
1,313 sqft Oct 2022
RM 122.00 PSF
Single Storey Terraced JLN MM 3
RM 234,000
2,228 sqft Sep 2022
RM 105.00 PSF
Single Storey Terraced JALAN MERAK MAS 9
RM 260,000
1,324 sqft Aug 2022
RM 196.00 PSF
Double Storey Terraced JLN 2MB
RM 400,000
2,099 sqft Aug 2022
RM 191.00 PSF
Single Storey Terraced JLN MERAK MAS 1
RM 250,000
1,421 sqft Mar 2022
RM 176.00 PSF
Single Storey Terraced JLN MERAK MAS 13
RM 180,000
1,259 sqft Feb 2022
RM 143.00 PSF
Double Storey Terraced JALAN M2
RM 380,000
1,679 sqft Feb 2022
RM 226.00 PSF
Single Storey Terraced JLN MERAK 1
RM 200,000
1,302 sqft Jan 2022
RM 154.00 PSF
Low-Cost Flat
RM 100,000
764 sqft Jan 2022
RM 131.00 PSF