Area Intelligence

TMN MERDEKA

32 properties

2022

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Median Price

RM 285,000

PSF: RM 166

Residential Market

Median Price

RM 280,000

IQR: RM 72

MAD: RM 39

RM 162 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

IQR: RM 62

MAD: RM 50

RM 283 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 32 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 166.

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 285K, with most transactions falling within a stable range of RM 177K to RM 393K, and a typical market range of RM 233K to RM 337K.

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 166, though individual units vary from RM 104 to RM 227 in the core range. The broader market spans RM 127.13 to RM 203.88, indicating diverse property characteristics. A wider spread (IQR: RM 76.75) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

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

32 properties found

View:

Grouped Individual

Single Storey Terraced MERTANTI 3

RM 300,000

1,539 sqft Dec 2022

RM 195.00 PSF

Double Storey Terraced LORONG 2

RM 450,000

1,539 sqft Dec 2022

RM 292.00 PSF

Double Storey Terraced JLN M 11

RM 280,000

958 sqft Dec 2022

RM 292.00 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

Double Storey Shop JLN PEGAGA

RM 538,000

1,765 sqft Nov 2022

RM 305.00 PSF

Double Storey Terraced JLN M 11

RM 248,000

958 sqft Nov 2022

RM 259.00 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 Semi-D JALAN M 11

RM 400,000

3,186 sqft Sep 2022

RM 126.00 PSF

Double Storey Terraced JALAN M 31

RM 405,000

1,539 sqft Sep 2022

RM 263.00 PSF

Double Storey Terraced JLN M 34

RM 450,000

3,714 sqft Sep 2022

RM 121.00 PSF

Single Storey Terraced JALAN M22

RM 268,000

1,539 sqft Aug 2022

RM 174.00 PSF

Double Storey Terraced LRG 1

RM 320,000

2,766 sqft Aug 2022

RM 116.00 PSF

Single Storey Terraced JLN M43

RM 330,000

1,539 sqft Jul 2022

RM 214.00 PSF

Single Storey Terraced JLN MERDEKA

RM 300,000

1,765 sqft Jul 2022

RM 170.00 PSF

Double Storey Shop JLN M1

RM 500,000

1,765 sqft Jul 2022

RM 283.00 PSF

Flat

RM 88,000

850 sqft Jul 2022

RM 103.00 PSF

Single Storey Terraced JALAN M 44

RM 230,000

1,539 sqft Jun 2022

RM 149.00 PSF

Single Storey Terraced JALAN M22

RM 290,000

1,539 sqft Jun 2022

RM 188.00 PSF

Double Storey Semi-D JALAN M13

RM 420,000

2,099 sqft Jun 2022

RM 200.00 PSF

Double Storey Terraced LRG 1

RM 320,000

2,594 sqft Jun 2022

RM 123.00 PSF

Single Storey Terraced LRNG CENGAL 1/2

RM 300,000

2,239 sqft May 2022

RM 134.00 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 JALAN TEMBUSU

RM 160,000

1,539 sqft Apr 2022

RM 104.00 PSF

Single Storey Terraced JLN M22

RM 350,000

1,539 sqft Apr 2022

RM 227.00 PSF

Single Storey Terraced JLN M20

RM 235,000

1,539 sqft Mar 2022

RM 153.00 PSF

Single Storey Terraced JALAN JATI 1

RM 255,000

1,765 sqft Mar 2022

RM 144.00 PSF

Flat

RM 75,000

850 sqft Mar 2022

RM 88.00 PSF

Single Storey Terraced JALAN TEMBUSU 10

RM 300,000

3,186 sqft Feb 2022

RM 94.00 PSF

Low-Cost Flat

RM 120,000

700 sqft Jan 2022

RM 172.00 PSF

Type	Road	Price	PSF	Area	Date
Single Storey Terraced	MERTANTI 3	RM 300,000	RM 195.00	1,539 sqft	Dec 2022
Double Storey Terraced	LORONG 2	RM 450,000	RM 292.00	1,539 sqft	Dec 2022
Double Storey Terraced	JLN M 11	RM 280,000	RM 292.00	958 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
Double Storey Shop	JLN PEGAGA	RM 538,000	RM 305.00	1,765 sqft	Nov 2022
Double Storey Terraced	JLN M 11	RM 248,000	RM 259.00	958 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 Semi-D	JALAN M 11	RM 400,000	RM 126.00	3,186 sqft	Sep 2022
Double Storey Terraced	JALAN M 31	RM 405,000	RM 263.00	1,539 sqft	Sep 2022
Double Storey Terraced	JLN M 34	RM 450,000	RM 121.00	3,714 sqft	Sep 2022
Single Storey Terraced	JALAN M22	RM 268,000	RM 174.00	1,539 sqft	Aug 2022
Double Storey Terraced	LRG 1	RM 320,000	RM 116.00	2,766 sqft	Aug 2022
Single Storey Terraced	JLN M43	RM 330,000	RM 214.00	1,539 sqft	Jul 2022
Single Storey Terraced	JLN MERDEKA	RM 300,000	RM 170.00	1,765 sqft	Jul 2022
Double Storey Shop	JLN M1	RM 500,000	RM 283.00	1,765 sqft	Jul 2022
Flat		RM 88,000	RM 103.00	850 sqft	Jul 2022
Single Storey Terraced	JALAN M 44	RM 230,000	RM 149.00	1,539 sqft	Jun 2022
Single Storey Terraced	JALAN M22	RM 290,000	RM 188.00	1,539 sqft	Jun 2022
Double Storey Semi-D	JALAN M13	RM 420,000	RM 200.00	2,099 sqft	Jun 2022
Double Storey Terraced	LRG 1	RM 320,000	RM 123.00	2,594 sqft	Jun 2022
Single Storey Terraced	LRNG CENGAL 1/2	RM 300,000	RM 134.00	2,239 sqft	May 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	JALAN TEMBUSU	RM 160,000	RM 104.00	1,539 sqft	Apr 2022
Single Storey Terraced	JLN M22	RM 350,000	RM 227.00	1,539 sqft	Apr 2022
Single Storey Terraced	JLN M20	RM 235,000	RM 153.00	1,539 sqft	Mar 2022
Single Storey Terraced	JALAN JATI 1	RM 255,000	RM 144.00	1,765 sqft	Mar 2022
Flat		RM 75,000	RM 88.00	850 sqft	Mar 2022
Single Storey Terraced	JALAN TEMBUSU 10	RM 300,000	RM 94.00	3,186 sqft	Feb 2022
Low-Cost Flat		RM 120,000	RM 172.00	700 sqft	Jan 2022