| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mj 57
|
RM 320,000
|
RM 244
|
1,313 sqft
|
|
|
Jalan Merdeka Jaya 58
|
RM 438,000
|
RM 220
|
1,991 sqft
|
|
|
|
Jalan Merdeka Jaya 58
|
RM 438,000
|
RM 220
|
1,991 sqft
|
|
|
|
Jalan Merdeka Jaya 58
|
RM 438,000
|
RM 221
|
1,981 sqft
|
|
|
|
Jalan Mj 54
|
RM 390,000
|
RM 197
|
1,981 sqft
|
|
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Market Snapshot
CommercialRM 438,000
RM 220 psfMedian transaction price
Taman Merdeka Jaya, 75350 Melaka, Malaysia
MapsTaman 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 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.