TAMAN MERDEKA

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 31 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 280K and a median price per square foot (PSF) of RM 171.

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 280K, with most transactions falling within a stable range of RM 179K to RM 381K, and a typical market range of RM 226K to RM 334K.

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 171, though individual units vary from RM 108 to RM 235 in the core range. The broader market spans RM 132.41 to RM 210.41, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 64) 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.