TAMAN MERDEKA

Area Intelligence

2025

Median Price

RM 370,000

PSF: RM 244

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 244

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2025, sized between 1,000 and 2,000 sqft, with a median price of RM 370K and a median price per square foot (PSF) of RM 244.

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 370K, with most transactions falling within a stable range of RM 275K to RM 465K, and a typical market range of RM 316K to RM 424K.

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 244, though individual units vary from RM 168 to RM 321 in the core range. The broader market spans RM 205.42 to RM 283.42, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 77) 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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