TAMAN MERDEKA JAYA

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 147.

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 147, with core pricing between RM 125 and RM 169. Market pricing typically extends from RM 118.75 to RM 175.25, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 22, 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.