TAMAN MERDEKA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, sized between 2,000 and 3,000 sqft, with a median price of RM 420K and a median price per square foot (PSF) of RM 144.
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 420K, with most transactions falling within a stable range of RM 370K to RM 470K, and a typical market range of RM 366K to RM 474K.
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 144, though individual units vary from RM 106 to RM 182 in the core range. The broader market spans RM 104.98 to RM 182.98, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 38) 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.
