TAMAN MERDEKA JAYA

Area Intelligence
2022
Median Price
RM 438,000
PSF: RM 220

Commercial PSF Trends

Median Price

RM 438,000

RM 220 PSF

TAMAN MERDEKA JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 438K and a median price per square foot (PSF) of RM 220.

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 438K, with most transactions falling within a stable range of RM 392K to RM 438K, and a typical market range of RM 389K to RM 438K.

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

For price per square foot, the median is RM 220, with most transactions between RM 205 and RM 235. The usual range is RM 191.70 to RM 248.20, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 15, 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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Property Transactions

5 transactions grouped by size

1,300 sqft
Terraced Factory
RM 320,000
JALAN MJ 57
1,313 sqft · RM 244 PSF
2,000 sqft
Terraced Factory
RM 438,000
JALAN MERDEKA JAYA 58
1,991 sqft · RM 220 PSF
RM 438,000
JALAN MERDEKA JAYA 58
1,991 sqft · RM 220 PSF
RM 438,000
JALAN MERDEKA JAYA 58
1,981 sqft · RM 221 PSF
RM 390,000
JALAN MJ 54
1,981 sqft · RM 197 PSF

No Properties For Sale

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

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