| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Meranti 4/2
|
RM 263,000
|
RM 171
|
1,539 sqft
|
|
|
|
Jalan Tmeranti 4
|
RM 250,000
|
RM 162
|
1,539 sqft
|
|
|
|
Jalan Pegaga 1
|
RM 180,000
|
RM 117
|
1,539 sqft
|
|
|
|
Jalan Tembusu 10
|
RM 240,000
|
RM 156
|
1,539 sqft
|
|
|
Jalan M6
|
RM 420,000
|
RM 144
|
2,917 sqft
|
|
|
Jalan M31
|
RM 270,000
|
RM 89
|
3,046 sqft
|
|
|
Jalan Mj 2
|
RM 410,000
|
RM 128
|
3,197 sqft
|
|
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Market Snapshot
RM 256,500
RM 142 psfMedian transaction price
RM 420,000
RM 144 psfMedian transaction price
Taman Merdeka, 75350 Malacca, Malaysia
MapsTaman Merdeka in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 263K and a median price per square foot (PSF) of RM 144.
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 263K, with most transactions falling within a stable range of RM 180K to RM 346K, and a typical market range of RM 206K to RM 321K.
Most transactions involved 2 - 2 1/2 storey shoplow-, with high diversity across multiple property types.
The median PSF stands at RM 144, with core pricing between RM 117 and RM 171. Market pricing typically extends from RM 110.48 to RM 177.48, reflecting moderate variation in unit pricing. The spread of RM 67.00 (IQR) and deviation of RM 27 (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.