Taman Merak in Melaka Tengah, Melaka recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM618K and a median price per square foot (PSF) of RM273.

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 RM618K, with most transactions falling within a stable range of RM418K to RM818K, and a typical market range of RM461K to RM775K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM273, though individual units vary from RM185 to RM362 in the core range. The broader market spans RM226.15 to RM320.65, indicating diverse property characteristics. A wider spread (IQR: RM94.50) and deviation (MAD: RM89) 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.