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Market Snapshot
RM 88,000
RM 103 psfMedian transaction price
RM 320,000
RM 207 psfMedian transaction price
Taman Merdeka, 75350 Malacca, Malaysia
MapsTaman Merdeka in Melaka Tengah, Melaka recorded 3 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 88K and a median price per square foot (PSF) of RM 103.
This area contains both residential and commercial properties. View 80 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 88K, with most transactions falling within a stable range of RM 75K to RM 111K, and a typical market range of RM 75K to RM 130K.
Within the Flat category, 2 - 2 1/2 storey shoplow- dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 103, though individual units vary from RM 70 to RM 137 in the core range. The broader market spans RM 69.99 to RM 136.99, indicating diverse property characteristics. A wider spread (IQR: RM 67.00) and deviation (MAD: RM 33) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.