TAMAN MERDEKA

Area Intelligence

Low-Cost Flat

Median Price

RM 120,000

PSF: RM 172

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Residential PSF Trends

Median Price

RM 120,000

PSF: RM 172

Commercial PSF Trends

Median Price

RM 320,000

RM 207 PSF

TAMAN MERDEKA in Melaka Tengah, Melaka recorded 1 Low-Cost Flat properties subsale transactions between 2021 and 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 172.

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.

Within the Low-Cost Flat category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 172, with most transactions between RM 172 and RM 172. The usual range is RM 132.51 to RM 210.51, showing that most units are priced quite close to each other. With an IQR of RM 78.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MERDEKA, Melaka Tengah, Melaka

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