TAMAN MERDEKA

Area Intelligence
2024
Median Price
RM 250,000
PSF: RM 181

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 181

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2024, priced up to RM 300K, with a median price of RM 250K 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 250K, with most transactions falling within a stable range of RM 189K to RM 280K, and a typical market range of RM 196K to RM 280K.

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

The median PSF stands at RM 181, with core pricing between RM 152 and RM 209. Market pricing typically extends from RM 141.61 to RM 219.61, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 28 (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 grouped by size

700 sqft
Town House
RM 95,000
Level 1
700 sqft · RM 136 PSF
950 sqft
Double Storey Terraced
RM 220,000
JALAN M 9
936 sqft · RM 235 PSF
1,550 sqft
Single Storey Terraced
RM 278,000
JALAN M 43
1,539 sqft · RM 181 PSF
RM 250,000
JALAN M24
1,539 sqft · RM 162 PSF
RM 280,000
JALAN MERANTI 1
1,539 sqft · RM 182 PSF
RM 280,000
JALAN M 37
1,539 sqft · RM 182 PSF
RM 250,000
JALAN CENGAL 2
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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