Area Intelligence

TMN MERDEKA

24 properties
2023
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Median Price
RM 287,500
PSF: RM 196

Residential Market

Median Price

RM 290,000

IQR: RM 72
MAD: RM 39
RM 188 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 218,000

IQR: RM 62
MAD: RM 50
RM 203 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA in Melaka Tengah, Melaka recorded 24 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 196.

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 288K, with most transactions falling within a stable range of RM 209K to RM 366K, and a typical market range of RM 235K to RM 340K.

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 196, though individual units vary from RM 133 to RM 258 in the core range. The broader market spans RM 157.13 to RM 233.88, 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

OSM

Transactions

24 properties found

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
Double Storey Terraced LRG 1
RM 400,000
1,249 sqft Nov 2023
RM 320.00 PSF
Double Storey Terraced LRG 1
RM 350,000
1,259 sqft Nov 2023
RM 278.00 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
Double Storey Terraced JLN M 11
RM 315,000
958 sqft Oct 2023
RM 329.00 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
Double Storey Terraced JLN M11
RM 260,000
958 sqft Sep 2023
RM 271.00 PSF
Shop/Retail Lot
RM 118,000
850 sqft Sep 2023
RM 139.00 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 JLN MERANTI 6
RM 290,000
3,509 sqft Aug 2023
RM 83.00 PSF
Single Storey Terraced JALAN TEMBUSU 8
RM 290,000
1,539 sqft Jul 2023
RM 188.00 PSF
Double Storey Semi-D JALAN M19
RM 450,000
2,454 sqft Jul 2023
RM 183.00 PSF
Shop/Retail Lot
RM 218,000
1,076 sqft Jul 2023
RM 203.00 PSF
Shop/Retail Lot
RM 220,000
1,076 sqft Jul 2023
RM 204.00 PSF
Single Storey Terraced JLN CENGAL 1
RM 245,000
1,539 sqft May 2023
RM 159.00 PSF
Single Storey Terraced JLN CENGAL 1
RM 260,000
1,539 sqft May 2023
RM 169.00 PSF
Double Storey Semi-D JALAN M10
RM 440,000
2,099 sqft Mar 2023
RM 210.00 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
Single Storey Terraced JLN MERANTI 8
RM 255,000
3,111 sqft Jan 2023
RM 82.00 PSF