Perindustrian Merdeka

Taman Merdeka, Taman Batu Berendam Putera, 75350 Batu Berendam, Malacca, Malaysia

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Selling in Perindustrian Merdeka? Homes here sold for a median of RM535,000.

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Market Snapshot

Commercial

RM535,000

RM132 psf

Median transaction price

Perindustrian Merdeka
© OpenStreetMap · CARTO

Taman Merdeka, Taman Batu Berendam Putera, 75350 Batu Berendam, Malacca, Malaysia

Maps

Perindustrian Merdeka in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM535K and a median price per square foot (PSF) of RM132.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM535K, with most transactions falling within a stable range of RM495K to RM575K, and a typical market range of RM494K to RM576K.

Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM132, with most transactions between RM130 and RM135. The usual range is RM121.88 to RM142.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM20.25 and an average deviation (MAD) of RM3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.