TAMAN MERDEKA JAYA

TAMAN MERDEKA JAYA in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 115.

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 400K, with most transactions falling within a stable range of RM 390K to RM 410K, and a typical market range of RM 351K to RM 449K.

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

For price per square foot, the median is RM 115, with most transactions between RM 110 and RM 120. The usual range is RM 86.75 to RM 143.25, 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.