Taman Merdeka Jaya

75350 Melaka, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 419,000
PSF
RM 171
Price Size
Period
transactions middle 50% (P25–P75)
2,000 sqft
Terrace Factory
RM 438,000
Jalan Mj 58
1,991 sqft · RM 220 PSF
3,300 sqft
Terrace Factory
RM 400,000
Jalan Mj 57
3,305 sqft · RM 121 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 419,000

RM 171 psf

Median transaction price

Average

Rental Yield Data

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Taman Merdeka Jaya, 75350 Melaka, Malaysia

Maps

Taman Merdeka Jaya in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 419K and a median price per square foot (PSF) of RM 171.

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 419K, with most transactions falling within a stable range of RM 400K to RM 438K, and a typical market range of RM 400K to RM 438K.

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

Price per square foot shows a median of RM 171, though individual units vary from RM 121 to RM 220 in the core range. The broader market spans RM 142.25 to RM 198.75, indicating diverse property characteristics. A wider spread (IQR: RM 56.50) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.

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.