Area Intelligence

TMN MERDEKA

43 properties

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Median Price

RM 278,000

PSF: RM 181

Residential Market

Median Price

RM 278,000

IQR: RM 72

MAD: RM 39

RM 181 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 185,000

IQR: RM 62

MAD: RM 50

RM 120 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

62 properties

Median Price

RM 255,000

+3.6% CAGR

Median PSF

RM 153.50

-1.5% CAGR

Double Storey Terraced

16 properties

Median Price

RM 324,000

-6.1% CAGR

Median PSF

RM 268.50

-13.1% CAGR

Double Storey Semi-D

7 properties

Median Price

RM 450,000

+10.7% CAGR

Median PSF

RM 163.00

-9.0% CAGR

Single Storey Semi-D

5 properties

Median Price

RM 407,500

+4.0% CAGR

Median PSF

RM 123.50

+24.1% CAGR

Double Storey Shop

4 properties

Median Price

RM 440,000

+1.6% CAGR

Median PSF

RM 238.00

-4.1% CAGR

Shop/Retail Lot

4 properties

Median Price

RM 201,500

+17.8% CAGR

Median PSF

RM 161.50

+69.2% CAGR

Low-Cost House

3 properties

Median Price

RM 117,500

-25.9% CAGR

Median PSF

RM 122.00

-36.2% CAGR

Detached

2 properties

Median Price

RM 700,000

+7.4% CAGR

Median PSF

RM 80.50

+1.9% CAGR

Flat

2 properties

Median Price

RM 81,500

Median PSF

RM 95.50

Single Storey Shop

1 properties

Median Price

RM 250,000

Median PSF

RM 156.00

Low-Cost Flat

1 properties

Median Price

RM 120,000

Median PSF

RM 172.00

Town House

1 properties

Median Price

RM 95,000

Median PSF

RM 136.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	62	RM 255,000 ±4K MAD	+3.60%	RM 153.50 ±4 MAD	-1.52%
Double Storey Terraced	16	RM 324,000 ±15K MAD	-6.09%	RM 268.50 ±20 MAD	-13.09%
Double Storey Semi-D	7	RM 450,000 ±40K MAD	+10.71%	RM 163.00 ±20 MAD	-8.99%
Single Storey Semi-D	5	RM 407,500 ±25K MAD	+4.00%	RM 123.50 ±29 MAD	+24.15%
Double Storey Shop	4	RM 440,000 ±20K MAD	+1.56%	RM 238.00 ±28 MAD	-4.09%
Shop/Retail Lot	4	RM 201,500 ±17K MAD	+17.84%	RM 161.50 ±42 MAD	+69.17%
Low-Cost House	3	RM 117,500 ±18K MAD	-25.93%	RM 122.00 ±27 MAD	-36.24%
Detached	2	RM 700,000 ±50K MAD	+7.42%	RM 80.50 ±2 MAD	+1.88%
Flat	2	RM 81,500	-	RM 95.50	-
Single Storey Shop	1	RM 250,000	-	RM 156.00	-
Low-Cost Flat	1	RM 120,000	-	RM 172.00	-
Town House	1	RM 95,000	-	RM 136.00	-

TMN MERDEKA in Melaka Tengah, Melaka recorded 43 subsale transactions between 2021 and 2025, with a median price of RM 278K and a median price per square foot (PSF) of RM 181.

This area contains both residential and commercial properties. View 71 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 278K, with most transactions falling within a stable range of RM 210K to RM 346K, and a typical market range of RM 226K to RM 330K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 181, though individual units vary from RM 137 to RM 225 in the core range. The broader market spans RM 142.63 to RM 219.38, indicating diverse property characteristics. The spread of RM 76.75 (IQR) and deviation of RM 44 (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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERDEKA, Melaka Tengah, Melaka

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Property Type

All Types Single Storey Semi-D Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced Flat Low-Cost Flat Shop/Retail Lot Town House

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

43 properties found

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Grouped Individual

Double Storey Terraced JLN M 9

RM 265,000

1,561 sqft Feb 2025

RM 170.00 PSF

Single Storey Terraced JALAN M 43

RM 278,000

1,539 sqft Nov 2024

RM 181.00 PSF

Single Storey Terraced JLN M24

RM 250,000

1,539 sqft Sep 2024

RM 162.00 PSF

Double Storey Terraced JLN M 32

RM 460,000

1,539 sqft Jul 2024

RM 299.00 PSF

Single Storey Terraced JALAN TEMBUSU

RM 333,000

1,539 sqft Jun 2024

RM 216.00 PSF

Single Storey Terraced JALAN M 24

RM 325,000

1,539 sqft Mar 2024

RM 211.00 PSF

Single Storey Terraced JLN MERANTI 1

RM 280,000

1,539 sqft Mar 2024

RM 182.00 PSF

Single Storey Terraced JALAN M 37

RM 280,000

1,539 sqft Feb 2024

RM 182.00 PSF

Single Storey Terraced JLN MERANTI 6

RM 350,000

1,539 sqft Feb 2024

RM 227.00 PSF

Single Storey Terraced JLN CENGAL 2

RM 250,000

1,539 sqft Jan 2024

RM 162.00 PSF

Single Storey Terraced JLN TEMBUSU 6

RM 240,000

1,539 sqft Dec 2023

RM 156.00 PSF

Double Storey Terraced JALAN M 22

RM 420,000

1,539 sqft Nov 2023

RM 273.00 PSF

Single Storey Terraced JALAN M 24

RM 235,000

1,539 sqft Oct 2023

RM 153.00 PSF

Single Storey Terraced JLN M43

RM 365,000

1,539 sqft Oct 2023

RM 237.00 PSF

Single Storey Terraced JALAN M22

RM 350,000

1,539 sqft Sep 2023

RM 227.00 PSF

Single Storey Terraced JALAN M37

RM 285,000

1,539 sqft Sep 2023

RM 185.00 PSF

Single Storey Terraced JALAN M 37

RM 250,000

1,539 sqft Aug 2023

RM 162.00 PSF

Single Storey Terraced JLN MERANTI

RM 385,000

1,539 sqft Aug 2023

RM 250.00 PSF

Single Storey Terraced JALAN TEMBUSU 8

RM 290,000

1,539 sqft Jul 2023

RM 188.00 PSF

Single Storey Terraced JLN CENGAL 1

RM 260,000

1,539 sqft May 2023

RM 169.00 PSF

Single Storey Terraced JLN CENGAL 1

RM 245,000

1,539 sqft May 2023

RM 159.00 PSF

Single Storey Terraced JLN M 27

RM 330,000

1,539 sqft Feb 2023

RM 214.00 PSF

Single Storey Terraced JLN M43

RM 278,000

1,539 sqft Feb 2023

RM 181.00 PSF

Double Storey Terraced LORONG 2

RM 450,000

1,539 sqft Dec 2022

RM 292.00 PSF

Single Storey Terraced MERTANTI 3

RM 300,000

1,539 sqft Dec 2022

RM 195.00 PSF

Single Storey Terraced JALAN TEMBUSU 6

RM 250,000

1,539 sqft Dec 2022

RM 162.00 PSF

Single Storey Terraced JALAN CENGAL 1

RM 220,000

1,539 sqft Nov 2022

RM 143.00 PSF

Single Storey Terraced JLN TEMBUSU

RM 260,000

1,539 sqft Oct 2022

RM 169.00 PSF

Single Storey Terraced JALAN PEGAGA 5

RM 280,000

1,539 sqft Sep 2022

RM 182.00 PSF

Double Storey Terraced JALAN M 31

RM 405,000

1,539 sqft Sep 2022

RM 263.00 PSF

Single Storey Terraced JALAN M22

RM 268,000

1,539 sqft Aug 2022

RM 174.00 PSF

Single Storey Terraced JLN M43

RM 330,000

1,539 sqft Jul 2022

RM 214.00 PSF

Single Storey Terraced JALAN M22

RM 290,000

1,539 sqft Jun 2022

RM 188.00 PSF

Single Storey Terraced JALAN M 44

RM 230,000

1,539 sqft Jun 2022

RM 149.00 PSF

Single Storey Terraced JALAN M 44

RM 200,000

1,539 sqft May 2022

RM 130.00 PSF

Shop/Retail Lot

RM 185,000

1,540 sqft May 2022

RM 120.00 PSF

Single Storey Terraced JLN M22

RM 350,000

1,539 sqft Apr 2022

RM 227.00 PSF

Single Storey Terraced JALAN TEMBUSU

RM 160,000

1,539 sqft Apr 2022

RM 104.00 PSF

Single Storey Terraced JLN M20

RM 235,000

1,539 sqft Mar 2022

RM 153.00 PSF

Single Storey Terraced JLN MERANTI 4/2

RM 263,000

1,539 sqft Nov 2021

RM 171.00 PSF

Single Storey Terraced JALAN TMERANTI 4

RM 250,000

1,539 sqft Oct 2021

RM 162.00 PSF

Single Storey Terraced JALAN PEGAGA 1

RM 180,000

1,539 sqft Aug 2021

RM 117.00 PSF

Single Storey Terraced JALAN TEMBUSU 10

RM 240,000

1,539 sqft Jul 2021

RM 156.00 PSF

Type	Road	Price	PSF	Area	Date
Double Storey Terraced	JLN M 9	RM 265,000	RM 170.00	1,561 sqft	Feb 2025
Single Storey Terraced	JALAN M 43	RM 278,000	RM 181.00	1,539 sqft	Nov 2024
Single Storey Terraced	JLN M24	RM 250,000	RM 162.00	1,539 sqft	Sep 2024
Double Storey Terraced	JLN M 32	RM 460,000	RM 299.00	1,539 sqft	Jul 2024
Single Storey Terraced	JALAN TEMBUSU	RM 333,000	RM 216.00	1,539 sqft	Jun 2024
Single Storey Terraced	JALAN M 24	RM 325,000	RM 211.00	1,539 sqft	Mar 2024
Single Storey Terraced	JLN MERANTI 1	RM 280,000	RM 182.00	1,539 sqft	Mar 2024
Single Storey Terraced	JALAN M 37	RM 280,000	RM 182.00	1,539 sqft	Feb 2024
Single Storey Terraced	JLN MERANTI 6	RM 350,000	RM 227.00	1,539 sqft	Feb 2024
Single Storey Terraced	JLN CENGAL 2	RM 250,000	RM 162.00	1,539 sqft	Jan 2024
Single Storey Terraced	JLN TEMBUSU 6	RM 240,000	RM 156.00	1,539 sqft	Dec 2023
Double Storey Terraced	JALAN M 22	RM 420,000	RM 273.00	1,539 sqft	Nov 2023
Single Storey Terraced	JALAN M 24	RM 235,000	RM 153.00	1,539 sqft	Oct 2023
Single Storey Terraced	JLN M43	RM 365,000	RM 237.00	1,539 sqft	Oct 2023
Single Storey Terraced	JALAN M22	RM 350,000	RM 227.00	1,539 sqft	Sep 2023
Single Storey Terraced	JALAN M37	RM 285,000	RM 185.00	1,539 sqft	Sep 2023
Single Storey Terraced	JALAN M 37	RM 250,000	RM 162.00	1,539 sqft	Aug 2023
Single Storey Terraced	JLN MERANTI	RM 385,000	RM 250.00	1,539 sqft	Aug 2023
Single Storey Terraced	JALAN TEMBUSU 8	RM 290,000	RM 188.00	1,539 sqft	Jul 2023
Single Storey Terraced	JLN CENGAL 1	RM 260,000	RM 169.00	1,539 sqft	May 2023
Single Storey Terraced	JLN CENGAL 1	RM 245,000	RM 159.00	1,539 sqft	May 2023
Single Storey Terraced	JLN M 27	RM 330,000	RM 214.00	1,539 sqft	Feb 2023
Single Storey Terraced	JLN M43	RM 278,000	RM 181.00	1,539 sqft	Feb 2023
Double Storey Terraced	LORONG 2	RM 450,000	RM 292.00	1,539 sqft	Dec 2022
Single Storey Terraced	MERTANTI 3	RM 300,000	RM 195.00	1,539 sqft	Dec 2022
Single Storey Terraced	JALAN TEMBUSU 6	RM 250,000	RM 162.00	1,539 sqft	Dec 2022
Single Storey Terraced	JALAN CENGAL 1	RM 220,000	RM 143.00	1,539 sqft	Nov 2022
Single Storey Terraced	JLN TEMBUSU	RM 260,000	RM 169.00	1,539 sqft	Oct 2022
Single Storey Terraced	JALAN PEGAGA 5	RM 280,000	RM 182.00	1,539 sqft	Sep 2022
Double Storey Terraced	JALAN M 31	RM 405,000	RM 263.00	1,539 sqft	Sep 2022
Single Storey Terraced	JALAN M22	RM 268,000	RM 174.00	1,539 sqft	Aug 2022
Single Storey Terraced	JLN M43	RM 330,000	RM 214.00	1,539 sqft	Jul 2022
Single Storey Terraced	JALAN M22	RM 290,000	RM 188.00	1,539 sqft	Jun 2022
Single Storey Terraced	JALAN M 44	RM 230,000	RM 149.00	1,539 sqft	Jun 2022
Single Storey Terraced	JALAN M 44	RM 200,000	RM 130.00	1,539 sqft	May 2022
Shop/Retail Lot		RM 185,000	RM 120.00	1,540 sqft	May 2022
Single Storey Terraced	JLN M22	RM 350,000	RM 227.00	1,539 sqft	Apr 2022
Single Storey Terraced	JALAN TEMBUSU	RM 160,000	RM 104.00	1,539 sqft	Apr 2022
Single Storey Terraced	JLN M20	RM 235,000	RM 153.00	1,539 sqft	Mar 2022
Single Storey Terraced	JLN MERANTI 4/2	RM 263,000	RM 171.00	1,539 sqft	Nov 2021
Single Storey Terraced	JALAN TMERANTI 4	RM 250,000	RM 162.00	1,539 sqft	Oct 2021
Single Storey Terraced	JALAN PEGAGA 1	RM 180,000	RM 117.00	1,539 sqft	Aug 2021
Single Storey Terraced	JALAN TEMBUSU 10	RM 240,000	RM 156.00	1,539 sqft	Jul 2021