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

OSM

Track location

Property Transactions

24 transactions found

RM 240,000
JALAN TEMBUSU 6
1,539 sqft RM 156 PSF
RM 350,000
LORONG 1
1,625 sqft RM 215 PSF
RM 400,000
LORONG 1
1,625 sqft RM 246 PSF
RM 420,000
JALAN M 22
1,399 sqft RM 300 PSF
RM 235,000
JALAN M 24
1,539 sqft RM 153 PSF
RM 315,000
JALAN M 11
936 sqft RM 336 PSF
RM 365,000
JALAN M43
1,539 sqft RM 237 PSF
RM 350,000
JALAN M22
1,539 sqft RM 227 PSF
RM 285,000
JALAN M37
1,539 sqft RM 185 PSF
RM 118,000
Level 2
850 sqft RM 139 PSF
RM 260,000
JALAN M11
936 sqft RM 278 PSF
RM 250,000
JALAN M 37
1,539 sqft RM 162 PSF
RM 290,000
JALAN MERANTI 6
3,509 sqft RM 83 PSF
RM 385,000
JALAN MERANTI
1,539 sqft RM 250 PSF
RM 450,000
JALAN M19
2,454 sqft RM 183 PSF
RM 218,000
Level 1
1,076 sqft RM 203 PSF
RM 220,000
Level 1
1,076 sqft RM 204 PSF
RM 290,000
JALAN TEMBUSU 8
1,539 sqft RM 188 PSF
RM 260,000
JALAN CENGAL 1
1,539 sqft RM 169 PSF
RM 245,000
JALAN CENGAL 1
1,539 sqft RM 159 PSF
RM 440,000
JALAN M10
2,099 sqft RM 210 PSF
RM 278,000
JALAN M43
1,539 sqft RM 181 PSF
RM 330,000
JALAN M 27
1,539 sqft RM 214 PSF
RM 255,000
JALAN MERANTI 8
3,111 sqft RM 82 PSF

No Properties For Sale

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

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