TAMAN MERDEKA

Area Intelligence
2024
Median Price
RM 326,500
PSF: RM 181

Residential PSF Trends

Median Price

RM 325,000

PSF: RM 182

Commercial PSF Trends

Median Price

RM 440,000

RM 110 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 16 subsale transactions in 2024, with a median price of RM 327K and a median price per square foot (PSF) of RM 181.

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 327K, with most transactions falling within a stable range of RM 202K to RM 451K, and a typical market range of RM 272K to RM 381K.

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 181, though individual units vary from RM 116 to RM 247 in the core range. The broader market spans RM 142.26 to RM 220.26, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 65) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERDEKA, Melaka Tengah, Melaka

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Property Transactions

15 transactions grouped by road

RM 278,000
1,539 sqft
RM 181 PSF
RM 250,000
1,539 sqft
RM 162 PSF
RM 680,000
4,058 sqft
RM 168 PSF
RM 460,000
1,399 sqft
RM 329 PSF
RM 333,000
1,539 sqft
RM 216 PSF
RM 420,000
3,111 sqft
RM 135 PSF
RM 220,000
936 sqft
RM 235 PSF
RM 440,000
3,993 sqft
RM 110 PSF
RM 328,000
936 sqft
RM 350 PSF
RM 325,000
1,539 sqft
RM 211 PSF
RM 280,000
1,539 sqft
RM 182 PSF
RM 380,000
3,111 sqft
RM 122 PSF
RM 280,000
1,539 sqft
RM 182 PSF
RM 350,000
1,539 sqft
RM 227 PSF
RM 250,000
1,539 sqft
RM 162 PSF

No Properties For Sale

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

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