TAMAN MERDEKA

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 15 subsale transactions in 2024, priced up to RM 500K, with a median price of RM 325K and a median price per square foot (PSF) of RM 182.

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 325K, with most transactions falling within a stable range of RM 234K to RM 416K, and a typical market range of RM 271K to RM 379K.

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 182, though individual units vary from RM 115 to RM 249 in the core range. The broader market spans RM 142.91 to RM 220.91, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 67) 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.