| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 115,000
|
RM 153
|
753 sqft
|
|
|
|
Level 3
|
RM 80,000
|
RM 106
|
753 sqft
|
|
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Market Snapshot
ResidentialRM 107,500
RM 154 psfMedian transaction price
86, Jalan Merdeka 12, Taman Merdeka, 75350 Melaka, Malaysia
MapsRum Pangsa Taman Merdeka in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 108K and a median price per square foot (PSF) of RM 154.
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 108K, with most transactions falling within a stable range of RM 93K to RM 115K, and a typical market range of RM 92K to RM 115K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 154, with core pricing between RM 131 and RM 176. Market pricing typically extends from RM 131.23 to RM 176.23, reflecting moderate variation in unit pricing. With an IQR of RM 45.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.