TAMAN MERDEKA

Area Intelligence
2021
Median Price
RM 263,000
PSF: RM 144

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, 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 grouped by size

1,550 sqft
Single Storey Terraced
RM 263,000
JALAN MERANTI 4/2
1,539 sqft · RM 171 PSF
RM 250,000
JALAN TMERANTI 4
1,539 sqft · RM 162 PSF
RM 180,000
JALAN PEGAGA 1
1,539 sqft · RM 117 PSF
RM 240,000
JALAN TEMBUSU 10
1,539 sqft · RM 156 PSF
2,900 sqft
Double Storey Shop
RM 420,000
JALAN M6
2,917 sqft · RM 144 PSF
3,050 sqft
Single Storey Terraced
RM 270,000
JALAN M31
3,046 sqft · RM 89 PSF
3,200 sqft
Single Storey Semi-D
RM 410,000
JALAN MJ 2
3,197 sqft · RM 128 PSF

No Properties For Sale

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

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