TAMAN MERDEKA JAYA

TAMAN MERDEKA JAYA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 438K and a median price per square foot (PSF) of RM 219.

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.

The median PSF stands at RM 219, with core pricing between RM 196 and RM 242. Market pricing typically extends from RM 190.75 to RM 247.25, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 23, 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.