TAMAN MERDEKA

Area Intelligence
2023
Median Price
RM 365,000
PSF: RM 133

Residential PSF Trends

Median Price

RM 365,000

PSF: RM 133

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, sized between 2,000 and 5,000 sqft, with a median price of RM 365K and a median price per square foot (PSF) of RM 133.

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 365K, with most transactions falling within a stable range of RM 278K to RM 450K, and a typical market range of RM 311K to RM 419K.

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 133, though individual units vary from RM 75 to RM 191 in the core range. The broader market spans RM 94.00 to RM 172.00, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 58) 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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Property Transactions

4 transactions grouped by size

2,100 sqft
Double Storey Semi-D
RM 440,000
JALAN M10
2,099 sqft · RM 210 PSF
2,450 sqft
Double Storey Semi-D
RM 450,000
JALAN M19
2,454 sqft · RM 183 PSF
3,100 sqft
Single Storey Terraced
RM 255,000
JALAN MERANTI 8
3,111 sqft · RM 82 PSF
3,500 sqft
Single Storey Terraced
RM 290,000
JALAN MERANTI 6
3,509 sqft · RM 83 PSF

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

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