TAMAN MERDEKA

Area Intelligence

2021

Median Price

RM 263,000

PSF: RM 144

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Residential PSF Trends

Median Price

RM 256,500

PSF: RM 142

Commercial PSF Trends

Median Price

RM 420,000

RM 144 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, priced up to RM 500K, with a median price of RM 263K and a median price per square foot (PSF) of RM 144.

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 263K, with most transactions falling within a stable range of RM 180K to RM 346K, and a typical market range of RM 209K to RM 317K.

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

The median PSF stands at RM 144, with core pricing between RM 117 and RM 171. Market pricing typically extends from RM 104.98 to RM 182.98, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

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

7 transactions found

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Year

All Years 2025 2024 2023 2022 2021

Popular Ranges

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

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Size Range (sqft)

Popular Ranges

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 410,000

JALAN MJ 2

3,197 sqft • RM 128 PSF

Dec 2021

RM 263,000

JALAN MERANTI 4/2

1,539 sqft • RM 171 PSF

Nov 2021

RM 250,000

JALAN TMERANTI 4

1,539 sqft • RM 162 PSF

Oct 2021

RM 420,000

JALAN M6

2,917 sqft • RM 144 PSF

Sep 2021

RM 180,000

JALAN PEGAGA 1

1,539 sqft • RM 117 PSF

Aug 2021

RM 240,000

JALAN TEMBUSU 10

1,539 sqft • RM 156 PSF

Jul 2021

RM 270,000

JALAN M31

3,046 sqft • RM 89 PSF

Mar 2021

Road	Price	PSF	Size	Date	Type
JALAN MJ 2	RM 410,000	RM 128	3,197 sqft	Dec 2021	Single Storey Semi-D
JALAN MERANTI 4/2	RM 263,000	RM 171	1,539 sqft	Nov 2021	Single Storey Terraced
JALAN TMERANTI 4	RM 250,000	RM 162	1,539 sqft	Oct 2021	Single Storey Terraced
JALAN M6	RM 420,000	RM 144	2,917 sqft	Sep 2021	Double Storey Shop
JALAN PEGAGA 1	RM 180,000	RM 117	1,539 sqft	Aug 2021	Single Storey Terraced
JALAN TEMBUSU 10	RM 240,000	RM 156	1,539 sqft	Jul 2021	Single Storey Terraced
JALAN M31	RM 270,000	RM 89	3,046 sqft	Mar 2021	Single Storey Terraced