Area Intelligence

TMN IKS MERDEKA

1 properties
2022
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Median Price
RM 1,980,000
PSF: RM 193

Commercial Market

Median Price

RM 1,980,000

IQR: RM 6
MAD: RM 2
RM 193 PSF 4.8%

PSF Trends (2021-2025)

TMN IKS MERDEKA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 1.98 million and a median price per square foot (PSF) of RM 193.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 193, with most transactions between RM 193 and RM 193. The usual range is RM 190.25 to RM 195.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 0 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.

Area Location

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TMN IKS MERDEKA, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

10,250 sqft
1 units Semi-D Factory
RM 1,980,000
JLN IKS M3
10,247 sqft · RM 193.00 PSF
Mar 2022