TAMAN MERDEKA

Area Intelligence
2023
Median Price
RM 375,000
PSF: RM 232

Residential PSF Trends

Median Price

RM 375,000

PSF: RM 232

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 375K and a median price per square foot (PSF) of RM 232.

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 375K, with most transactions falling within a stable range of RM 331K to RM 419K, and a typical market range of RM 321K to RM 429K.

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

The median PSF stands at RM 232, with core pricing between RM 189 and RM 275. Market pricing typically extends from RM 193.26 to RM 271.26, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERDEKA, Melaka Tengah, Melaka

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Property Transactions

10 transactions grouped by size

950 sqft
Double Storey Terraced
RM 315,000
JALAN M 11
936 sqft · RM 336 PSF
1,400 sqft
Double Storey Terraced
RM 420,000
JALAN M 22
1,399 sqft · RM 300 PSF
1,550 sqft
Single Storey Terraced
RM 365,000
JALAN M43
1,539 sqft · RM 237 PSF
RM 350,000
JALAN M22
1,539 sqft · RM 227 PSF
RM 385,000
JALAN MERANTI
1,539 sqft · RM 250 PSF
RM 330,000
JALAN M 27
1,539 sqft · RM 214 PSF
1,650 sqft
Double Storey Terraced
RM 400,000
LORONG 1
1,625 sqft · RM 246 PSF
RM 350,000
LORONG 1
1,625 sqft · RM 215 PSF
2,100 sqft
Double Storey Semi-D
RM 440,000
JALAN M10
2,099 sqft · RM 210 PSF
2,450 sqft
Double Storey Semi-D
RM 450,000
JALAN M19
2,454 sqft · RM 183 PSF

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

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