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Melaka, Melaka Tengah, Bt Berendam

TAMAN MERDEKA JAYA

Area Intelligence
2024
Median Price
RM 294,000
PSF: RM 224
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Commercial PSF Trends

Median Price

RM 294,000

RM 224 PSF

TAMAN MERDEKA JAYA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 294K and a median price per square foot (PSF) of RM 224.

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 294K, with most transactions falling within a stable range of RM 251K to RM 337K, and a typical market range of RM 245K to RM 343K.

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

The median PSF stands at RM 224, with core pricing between RM 191 and RM 257. Market pricing typically extends from RM 195.63 to RM 252.13, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 33, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERDEKA JAYA, Melaka Tengah, Melaka

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Property Transactions

4 transactions found

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Size Road List

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
RM 320,000
JALAN MJ 58
1,313 sqft • RM 244 PSF
RM 350,000
JALAN MJ 57
1,313 sqft • RM 267 PSF
RM 268,000
JALAN MJ 58
1,313 sqft • RM 204 PSF
RM 240,000
JALAN MJ 55
1,313 sqft • RM 183 PSF

No Properties For Sale

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

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