TAMAN MERDEKA JAYA

Area Intelligence
Median Price
RM 428,000
PSF: RM 214

Commercial PSF Trends

Median Price

RM 428,000

RM 214 PSF

TAMAN MERDEKA JAYA in Melaka Tengah, Melaka recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 428K and a median price per square foot (PSF) of RM 214.

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 428K, with most transactions falling within a stable range of RM 418K to RM 438K, and a typical market range of RM 379K to RM 438K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 214, with most transactions between RM 209 and RM 219. The usual range is RM 185.75 to RM 242.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 5, 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.

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TAMAN MERDEKA JAYA, Melaka Tengah, Melaka

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Transactions

15 transactions grouped by size

2,000 sqft
Terraced Factory
RM 320,000
JALAN MJ 58
2,002 sqft · RM 160 PSF
RM 350,000
JALAN MJ 57
2,002 sqft · RM 175 PSF
RM 268,000
JALAN MJ 58
2,002 sqft · RM 134 PSF
RM 240,000
JALAN MJ 55
2,002 sqft · RM 120 PSF
RM 438,000
JALAN MJ 58
2,002 sqft · RM 219 PSF
RM 438,000
JALAN MERDEKA JAYA 58
2,002 sqft · RM 219 PSF
3,500 sqft
Terraced Factory
RM 400,000
JALAN MJ 57
3,488 sqft · RM 115 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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