TAMAN MERDEKA

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 59 subsale transactions between 2021 and 2025, priced up to RM 500K and sized between 1,000 and 3,000 sqft, with a median price of RM 285K and a median price per square foot (PSF) of RM 182.

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 285K, with most transactions falling within a stable range of RM 204K to RM 366K, and a typical market range of RM 231K to RM 339K.

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 182, though individual units vary from RM 130 to RM 234 in the core range. The broader market spans RM 142.91 to RM 220.91, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 52) 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. Moderate transaction volume may require patience when buying or selling.