TAMAN MERDEKA JAYA

Area Intelligence
Terraced Factory
Median Price
RM 428,000
PSF: RM 216

Commercial PSF Trends

Median Price

RM 428,000

RM 216 PSF

TAMAN MERDEKA JAYA in Melaka Tengah, Melaka recorded 15 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 428K and a median price per square foot (PSF) of RM 216.

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 363K to RM 438K, and a typical market range of RM 379K to RM 438K.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, with minimal variety in property types.

The median PSF stands at RM 216, with core pricing between RM 185 and RM 247. Market pricing typically extends from RM 187.85 to RM 244.35, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 31, 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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Transactions

15 transactions grouped by size

1,300 sqft
Terraced Factory
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
RM 320,000
JALAN MJ 57
1,313 sqft · RM 244 PSF
2,000 sqft
Terraced Factory
RM 438,000
JALAN MJ 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
1,991 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
RM 428,000
JALAN MERDEKA JAYA 58
1,991 sqft · RM 215 PSF
3,300 sqft
Terraced Factory
RM 400,000
JALAN MJ 57
3,305 sqft · RM 121 PSF

No Properties For Sale

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

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