TAMAN MERDEKA PERMAI

TAMAN MERDEKA PERMAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 538K and a median price per square foot (PSF) of RM 324.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 538K, with most transactions falling within a stable range of RM 509K to RM 567K, and a typical market range of RM 499K to RM 569K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 324, with most transactions between RM 304 and RM 344. The usual range is RM 277.50 to RM 370.50, showing that most units are priced quite close to each other. With an IQR of RM 93.00 and MAD of RM 20, 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.