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 grouped by size

750 sqft
1 units Low-Cost Flat
RM 100,000
764 sqft · RM 131.00 PSF
Jan 2022
1,250 sqft
1 units Single Storey Terraced
RM 180,000
JLN MERAK MAS 13
1,259 sqft · RM 143.00 PSF
Feb 2022
1,300 sqft
3 units Single Storey Terraced
RM 160,000
JLN MERAK MAS 1/6
1,313 sqft · RM 122.00 PSF
Oct 2022
RM 260,000
JALAN MERAK MAS 9
1,324 sqft · RM 196.00 PSF
Aug 2022
RM 200,000
JLN MERAK 1
1,302 sqft · RM 154.00 PSF
Jan 2022
1,400 sqft
1 units Single Storey Terraced
RM 250,000
JLN MERAK MAS 1
1,421 sqft · RM 176.00 PSF
Mar 2022
1,600 sqft
1 units Single Storey Terraced
RM 280,000
JALAN MERAK MAS 6
1,593 sqft · RM 176.00 PSF
Oct 2022
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
2,250 sqft
1 units Single Storey Terraced
RM 234,000
JLN MM 3
2,228 sqft · RM 105.00 PSF
Sep 2022