TAMAN MERDEKA

Area Intelligence
2024
Median Price
RM 365,000
PSF: RM 214

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 216

Commercial PSF Trends

Median Price

RM 440,000

RM 110 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 365K and a median price per square foot (PSF) of RM 214.

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 365K, with most transactions falling within a stable range of RM 325K to RM 416K, and a typical market range of RM 325K to RM 419K.

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 214, though individual units vary from RM 129 to RM 298 in the core range. The broader market spans RM 174.74 to RM 252.74, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 85) indicate significant PSF variations, likely due to diverse property types or conditions.

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

8 transactions grouped by size

950 sqft
Double Storey Terraced
RM 328,000
JALAN M11
936 sqft · RM 350 PSF
1,400 sqft
Double Storey Terraced
RM 460,000
JALAN M 32
1,399 sqft · RM 329 PSF
1,550 sqft
Single Storey Terraced
RM 333,000
JALAN TEMBUSU
1,539 sqft · RM 216 PSF
RM 325,000
JALAN M 24
1,539 sqft · RM 211 PSF
RM 350,000
JALAN MERANTI 6
1,539 sqft · RM 227 PSF
3,100 sqft
Single Storey Terraced
RM 420,000
JALAN M 31
3,111 sqft · RM 135 PSF
RM 380,000
JALAN PEGAGA 1
3,111 sqft · RM 122 PSF
4,000 sqft
Double Storey Shop
RM 440,000
JALAN M25
3,993 sqft · RM 110 PSF

No Properties For Sale

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

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