TAMAN MERDEKA

Area Intelligence

Median Price

RM 538,000

PSF: RM 171

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Residential PSF Trends

Median Price

RM 680,000

PSF: RM 168

Commercial PSF Trends

Median Price

RM 519,000

RM 178 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, priced between RM 500K and RM 1.00 million, with a median price of RM 538K 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 538K, with most transactions falling within a stable range of RM 500K to RM 615K, and a typical market range of RM 500K to RM 592K.

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

For price per square foot, the median is RM 171, with most transactions between RM 165 and RM 178. The usual range is RM 132.41 to RM 210.41, showing that most units are priced quite close to each other. With an IQR of RM 78.00 and MAD of RM 7, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERDEKA, Melaka Tengah, Melaka

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Property Transactions

3 transactions found

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All Years 2025 2024 2023 2022 2021

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Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 680,000

JALAN M20

4,058 sqft • RM 168 PSF

Jul 2024

RM 538,000

JALAN PEGAGA

2,928 sqft • RM 184 PSF

Nov 2022

RM 500,000

JALAN M1

2,917 sqft • RM 171 PSF

Jul 2022

Road	Price	PSF	Size	Date	Type
JALAN M20	RM 680,000	RM 168	4,058 sqft	Jul 2024	Double Storey Semi-D
JALAN PEGAGA	RM 538,000	RM 184	2,928 sqft	Nov 2022	Double Storey Shop
JALAN M1	RM 500,000	RM 171	2,917 sqft	Jul 2022	Double Storey Shop