TAMAN MERDEKA

Area Intelligence
2022
Median Price
RM 285,000
PSF: RM 171

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 172

Commercial PSF Trends

Median Price

RM 500,000

RM 171 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 32 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 171.

This area contains both residential and commercial properties. View 74 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 177K to RM 393K, and a typical market range of RM 231K to RM 339K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 171, though individual units vary from RM 109 to RM 234 in the core range. The broader market spans RM 132.46 to RM 210.46, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERDEKA, Melaka Tengah, Melaka

OSM

Track location

Property Transactions

28 transactions grouped by road

936 - 3,186 sqft
RM 280,000
936 sqft
RM 299 PSF · Double Storey Terraced
RM 248,000
936 sqft
RM 265 PSF · Double Storey Terraced
RM 400,000
3,186 sqft
RM 126 PSF · Double Storey Semi-D
RM 268,000
1,539 sqft
RM 174 PSF
RM 290,000
1,539 sqft
RM 188 PSF
RM 350,000
1,539 sqft
RM 227 PSF
RM 260,000
1,539 sqft
RM 169 PSF
RM 160,000
1,539 sqft
RM 104 PSF
RM 320,000
1,399 sqft
RM 229 PSF
RM 320,000
1,399 sqft
RM 229 PSF
RM 230,000
1,539 sqft
RM 149 PSF
RM 200,000
1,539 sqft
RM 130 PSF
RM 450,000
1,399 sqft
RM 322 PSF
RM 250,000
1,539 sqft
RM 162 PSF
RM 300,000
1,539 sqft
RM 195 PSF
RM 220,000
1,539 sqft
RM 143 PSF
RM 538,000
2,928 sqft
RM 184 PSF
RM 450,000
1,399 sqft
RM 322 PSF
RM 280,000
1,539 sqft
RM 182 PSF
RM 405,000
1,399 sqft
RM 289 PSF
RM 300,000
1,765 sqft
RM 170 PSF
RM 330,000
1,539 sqft
RM 214 PSF
RM 500,000
2,917 sqft
RM 171 PSF
RM 420,000
2,099 sqft
RM 200 PSF
RM 300,000
2,239 sqft
RM 134 PSF
RM 235,000
1,539 sqft
RM 153 PSF
RM 255,000
1,765 sqft
RM 144 PSF
RM 300,000
3,186 sqft
RM 94 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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