TAMAN MERDEKA

Area Intelligence
2023
Median Price
RM 287,500
PSF: RM 195

Residential PSF Trends

Median Price

RM 290,000

PSF: RM 188

Commercial PSF Trends

Median Price

RM 218,000

RM 203 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 24 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 195.

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 288K, with most transactions falling within a stable range of RM 209K to RM 366K, and a typical market range of RM 233K to RM 342K.

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 195, though individual units vary from RM 137 to RM 254 in the core range. The broader market spans RM 156.47 to RM 234.47, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 59) 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

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Property Transactions

21 transactions grouped by road

RM 350,000
1,625 sqft
RM 215 PSF
RM 400,000
1,625 sqft
RM 246 PSF
RM 365,000
1,539 sqft
RM 237 PSF
RM 278,000
1,539 sqft
RM 181 PSF
RM 260,000
1,539 sqft
RM 169 PSF
RM 245,000
1,539 sqft
RM 159 PSF
RM 240,000
1,539 sqft
RM 156 PSF
RM 420,000
1,399 sqft
RM 300 PSF
RM 315,000
936 sqft
RM 336 PSF
RM 235,000
1,539 sqft
RM 153 PSF
RM 350,000
1,539 sqft
RM 227 PSF
RM 285,000
1,539 sqft
RM 185 PSF
RM 260,000
936 sqft
RM 278 PSF
RM 385,000
1,539 sqft
RM 250 PSF
RM 290,000
3,509 sqft
RM 83 PSF
RM 250,000
1,539 sqft
RM 162 PSF
RM 450,000
2,454 sqft
RM 183 PSF
RM 290,000
1,539 sqft
RM 188 PSF
RM 440,000
2,099 sqft
RM 210 PSF
RM 330,000
1,539 sqft
RM 214 PSF
RM 255,000
3,111 sqft
RM 82 PSF

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

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