TAMAN MERDEKA PERMAI

TAMAN MERDEKA PERMAI in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 518K and a median price per square foot (PSF) of RM 337.

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 518K, with most transactions falling within a stable range of RM 467K to RM 559K, and a typical market range of RM 470K to RM 559K.

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

The median PSF stands at RM 337, with core pricing between RM 296 and RM 378. Market pricing typically extends from RM 290.50 to RM 383.50, reflecting moderate variation in unit pricing. With an IQR of RM 93.00 and MAD of RM 41, 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.