TAMAN MERDEKA

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, up to 1,000 sqft, with a median price of RM 220K and a median price per square foot (PSF) of RM 235.

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 220K, with most transactions falling within a stable range of RM 125K to RM 315K, and a typical market range of RM 166K to RM 274K.

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 235, though individual units vary from RM 147 to RM 323 in the core range. The broader market spans RM 195.93 to RM 273.93, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 88) 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.