TAMAN INDUSTRI MERDEKA

TAMAN INDUSTRI MERDEKA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 349K and a median price per square foot (PSF) of RM 168.

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 349K, with most transactions falling within a stable range of RM 330K to RM 367K, and a typical market range of RM 330K to RM 367K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 168, with most transactions between RM 159 and RM 177. The usual range is RM 145.50 to RM 190.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.