TAMAN MERDEKA

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 15 subsale transactions between 2021 and 2025, priced up to RM 500K and sized between 2,000 and 5,000 sqft, with a median price of RM 410K and a median price per square foot (PSF) of RM 128.

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 410K, with most transactions falling within a stable range of RM 342K to RM 450K, and a typical market range of RM 356K to RM 450K.

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 128, though individual units vary from RM 63 to RM 194 in the core range. The broader market spans RM 89.25 to RM 167.25, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 65) 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.