TAMAN MERDEKA

Area Intelligence

2024

Median Price

RM 430,000

PSF: RM 129

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 135

Commercial PSF Trends

Median Price

RM 440,000

RM 110 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, sized between 3,000 and 10,000 sqft, with a median price of RM 430K and a median price per square foot (PSF) of RM 129.

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 430K, with most transactions falling within a stable range of RM 380K to RM 563K, and a typical market range of RM 380K to RM 484K.

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

The median PSF stands at RM 129, with core pricing between RM 109 and RM 148. Market pricing typically extends from RM 89.59 to RM 167.59, reflecting moderate variation in unit pricing. With an IQR of RM 78.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

TAMAN MERDEKA, Melaka Tengah, Melaka

OSM