TAMAN MERDEKA

Area Intelligence
Double Storey Shop
Median Price
RM 470,000
PSF: RM 158

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 171

Commercial PSF Trends

Median Price

RM 470,000

RM 158 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025, with a median price of RM 470K and a median price per square foot (PSF) of RM 158.

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 470K, with most transactions falling within a stable range of RM 423K to RM 517K, and a typical market range of RM 420K to RM 524K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 158, with core pricing between RM 129 and RM 186. Market pricing typically extends from RM 118.70 to RM 196.70, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 28 (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.

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TAMAN MERDEKA, Melaka Tengah, Melaka

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Property Transactions

4 transactions grouped by size

2,900 sqft
Double Storey Shop
RM 500,000
JALAN M1
2,917 sqft · RM 171 PSF
RM 420,000
JALAN M6
2,917 sqft · RM 144 PSF
2,950 sqft
Double Storey Shop
RM 538,000
JALAN PEGAGA
2,928 sqft · RM 184 PSF
4,000 sqft
Double Storey Shop
RM 440,000
JALAN M25
3,993 sqft · RM 110 PSF

No Properties For Sale

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

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