Area Intelligence

TMN MERAK MAS

6 properties
Double Storey Terraced
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Median Price
RM 400,000
PSF: RM 256

Residential Market

Median Price

RM 400,000

IQR: RM 43
MAD: RM 25
RM 256 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 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 400K and a median price per square foot (PSF) of RM 256.

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 400K, with most transactions falling within a stable range of RM 365K to RM 446K, and a typical market range of RM 365K to RM 479K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 256, though individual units vary from RM 191 to RM 321 in the core range. The broader market spans RM 233.75 to RM 278.25, indicating diverse property characteristics. A wider spread (IQR: RM 44.50) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.

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

6 properties grouped by size

1,350 sqft
2 units Double Storey Terraced
RM 500,000
JLN MERAK MAS 1
1,345 sqft · RM 372.00 PSF
Nov 2024
RM 450,000
JLN MERAK MAS 1
1,367 sqft · RM 329.00 PSF
Feb 2023
1,400 sqft
1 units Double Storey Terraced
RM 400,000
JLN MM1/3
1,399 sqft · RM 286.00 PSF
Jan 2023
1,700 sqft
2 units Double Storey Terraced
RM 365,000
JLN M2
1,679 sqft · RM 217.00 PSF
Dec 2022
RM 380,000
JALAN M2
1,679 sqft · RM 226.00 PSF
Feb 2022
2,100 sqft
1 units Double Storey Terraced
RM 400,000
JLN 2MB
2,099 sqft · RM 191.00 PSF
Aug 2022