TAMAN MERDEKA JAYA

Area Intelligence
14 subsale transactions
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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 14 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 361K 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.

The median PSF stands at RM 214, with core pricing between RM 180 and RM 248. Market pricing typically extends from RM 185.75 to RM 242.25, reflecting moderate variation in unit pricing. The spread of RM 56.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

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

OSM

Transactions

14 transactions found

Price Range

Clear

Size Range (sqft)

Clear
RM 320,000
JALAN MJ 58
2,002 sqft RM 160.00 PSF
Aug 2024
RM 350,000
JALAN MJ 57
2,002 sqft RM 175.00 PSF
Jun 2024
RM 268,000
JALAN MJ 58
2,002 sqft RM 134.00 PSF
Feb 2024
RM 240,000
JALAN MJ 55
2,002 sqft RM 120.00 PSF
Jan 2024
RM 438,000
JALAN MJ 58
2,002 sqft RM 219.00 PSF
May 2023
RM 438,000
JALAN MERDEKA JAYA 58
2,002 sqft RM 219.00 PSF
Aug 2022
RM 320,000
JALAN MJ 57
2,002 sqft RM 160.00 PSF
Jul 2022
RM 438,000
JALAN MERDEKA JAYA 58
2,002 sqft RM 219.00 PSF
Feb 2022
RM 438,000
JALAN MERDEKA JAYA 58
2,002 sqft RM 219.00 PSF
Jan 2022
RM 390,000
JALAN MJ 54
2,002 sqft RM 195.00 PSF
Jan 2022
RM 428,000
JALAN MERDEKA JAYA 58
2,002 sqft RM 214.00 PSF
Dec 2021
RM 428,000
JALAN MERDEKA JAYA 58
2,002 sqft RM 214.00 PSF
Nov 2021
RM 428,000
JALAN MERDEKA JAYA 59
2,002 sqft RM 214.00 PSF
Feb 2021
RM 428,000
JALAN MERDEKA JAYA 59
2,002 sqft RM 214.00 PSF
Jan 2021