TAMAN MERDEKA

Area Intelligence
2022
Median Price
RM 410,000
PSF: RM 153

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 130

Commercial PSF Trends

Median Price

RM 519,000

RM 178 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, sized between 2,000 and 5,000 sqft, with a median price of RM 410K and a median price per square foot (PSF) of RM 153.

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 410K, with most transactions falling within a stable range of RM 352K to RM 450K, and a typical market range of RM 356K to RM 450K.

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 153, though individual units vary from RM 80 to RM 225 in the core range. The broader market spans RM 113.70 to RM 191.70, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 73) 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.

Loading map...

TAMAN MERDEKA, Melaka Tengah, Melaka

OSM

Track location

Property Transactions

7 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 450,000
JALAN M 34
1,399 sqft · RM 322 PSF
RM 320,000
LORONG 1
1,399 sqft · RM 229 PSF
RM 320,000
LORONG 1
1,399 sqft · RM 229 PSF
2,100 sqft
Double Storey Semi-D
RM 420,000
JALAN M13
2,099 sqft · RM 200 PSF
2,250 sqft
Single Storey Terraced
RM 300,000
LRNG CENGAL 1/2
2,239 sqft · RM 134 PSF
3,200 sqft
RM 400,000
JALAN M 11
3,186 sqft · RM 126 PSF
RM 300,000
JALAN TEMBUSU 10
3,186 sqft · RM 94 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access