TAMAN MERDEKA

Area Intelligence
2021
Median Price
RM 250,000
PSF: RM 156

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 156

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, priced up to RM 300K, with a median price of RM 250K and a median price per square foot (PSF) of RM 156.

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 218K to RM 270K, and a typical market range of RM 196K to RM 270K.

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 156, though individual units vary from RM 125 to RM 187 in the core range. The broader market spans RM 116.92 to RM 194.92, indicating diverse property characteristics. The spread of RM 78.00 (IQR) and deviation of RM 31 (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

5 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
3,050 sqft
Single Storey Terraced
RM 270,000
JALAN M31
3,046 sqft · RM 89 PSF

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

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