Taman Iks Merdeka

Taman Iks Merdeka in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 196.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 785K to RM 1.22 million, and a typical market range of RM 435K to RM 1.57 million.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 196, with most transactions between RM 193 and RM 199. The usual range is RM 187.50 to RM 204.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.