| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 65,000
|
RM 101
|
646 sqft
|
|
|
|
Level G
|
RM 85,000
|
RM 132
|
646 sqft
|
|
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Market Snapshot
ResidentialRM 85,000
RM 132 psfMedian transaction price
86, Jalan Merdeka 12, Taman Merdeka, 75350 Melaka, Malaysia
MapsRum Pangsa Taman Merdeka in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 85K and a median price per square foot (PSF) of RM 132.
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 85K, with most transactions falling within a stable range of RM 69K to RM 101K, and a typical market range of RM 70K to RM 101K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 132, with core pricing between RM 111 and RM 152. Market pricing typically extends from RM 109.11 to RM 154.11, reflecting moderate variation in unit pricing. The spread of RM 45.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.