| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 68,000
|
RM 105
|
646 sqft
|
|
|
|
Level 4
|
RM 96,000
|
RM 149
|
646 sqft
|
|
|
|
Level 3
|
RM 70,000
|
RM 108
|
646 sqft
|
|
|
|
Level 2
|
RM 120,000
|
RM 186
|
646 sqft
|
|
|
|
Level 4
|
RM 90,000
|
RM 139
|
646 sqft
|
|
|
|
Level 4
|
RM 90,000
|
RM 139
|
646 sqft
|
|
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Market Snapshot
ResidentialRM 90,000
RM 139 psfMedian transaction price
86, Jalan Merdeka 12, Taman Merdeka, 75350 Melaka, Malaysia
MapsRum Pangsa Taman Merdeka in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 90K and a median price per square foot (PSF) of RM 139.
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 90K, with most transactions falling within a stable range of RM 73K to RM 107K, and a typical market range of RM 75K to RM 106K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 139, with core pricing between RM 112 and RM 166. Market pricing typically extends from RM 116.86 to RM 161.86, reflecting moderate variation in unit pricing. The spread of RM 45.00 (IQR) and deviation of RM 27 (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.