|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Mj 23
|
RM 130,000
|
RM 201
|
646 sqft
|
|
Cluster |
|
Jalan Mj 23
|
RM 140,000
|
RM 217
|
646 sqft
|
|
Cluster |
|
Jalan Mj 16
|
RM 280,000
|
RM 211
|
1,324 sqft
|
|
2-Sty Terrace |
|
Jalan Mj 37
|
RM 300,000
|
RM 103
|
2,917 sqft
|
|
2-Sty Shop |
|
Jalan Mj 26
|
RM 110,000
|
RM 170
|
646 sqft
|
|
Cluster |
| 2021 | |||||
|
Jalan Mj 44
|
RM 340,000
|
RM 215
|
1,582 sqft
|
|
Terrace |
|
Jalan Mj 37
|
RM 300,000
|
RM 103
|
2,917 sqft
|
|
2-Sty Shop |
|
Jalan Mj 37
|
RM 320,000
|
RM 110
|
2,917 sqft
|
|
2-Sty Shop |
|
Jalan Tmj 25
|
RM 100,000
|
RM 147
|
678 sqft
|
|
Cluster |
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Market Snapshot
RM 340,000
RM 209 psfMedian transaction price
RM 300,000
RM 195 psfMedian transaction price
Taman Merdeka Jaya, 75350 Melaka, Malaysia
MapsTaman Merdeka Jaya (Aeronotik Taipan) in Melaka Tengah, Melaka recorded 109 subsale transactions between 2021 and 2026, with a median price of RM 315K and a median price per square foot (PSF) of RM 209.
This area contains both residential and commercial properties. View 76 residential properties or 32 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 315K, with most transactions falling within a stable range of RM 242K to RM 388K, and a typical market range of RM 238K to RM 393K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 209, with core pricing between RM 175 and RM 243. Market pricing typically extends from RM 175.03 to RM 243.03, reflecting moderate variation in unit pricing. The spread of RM 68.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Steady transaction activity supports reliable market pricing.