TAMAN MERDEKA in Melaka Tengah, Melaka recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025, with a median price of RM 280K 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. The median price is RM 280K, with most transactions falling within a stable range of RM 230K to RM 330K, and a typical market range of RM 226K to RM 334K.
Within the SOHO/SOFO/SOVO category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 172, though individual units vary from RM 134 to RM 210 in the core range. The broader market spans RM 133.00 to RM 211.00, indicating diverse property characteristics. The spread of RM 78.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
