TAMAN MERDEKA

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, sized between 2,000 and 3,000 sqft, with a median price of RM 460K and a median price per square foot (PSF) of RM 178.

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 460K, with most transactions falling within a stable range of RM 413K to RM 420K, and a typical market range of RM 406K to RM 420K.

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 178, though individual units vary from RM 139 to RM 216 in the core range. The broader market spans RM 138.58 to RM 216.58, indicating diverse property characteristics. The spread of RM 78.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.