Area Intelligence

TMN MERDEKA

16 properties
2024
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Median Price
RM 326,500
PSF: RM 182

Residential Market

Median Price

RM 325,000

IQR: RM 72
MAD: RM 39
RM 182 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 440,000

IQR: RM 62
MAD: RM 50
RM 210 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA in Melaka Tengah, Melaka recorded 16 subsale transactions in 2024, with a median price of RM 327K and a median price per square foot (PSF) of RM 182.

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 327K, with most transactions falling within a stable range of RM 202K to RM 451K, and a typical market range of RM 274K to RM 379K.

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 182, though individual units vary from RM 125 to RM 239 in the core range. The broader market spans RM 143.63 to RM 220.38, indicating diverse property characteristics. A wider spread (IQR: RM 76.75) and deviation (MAD: RM 57) 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERDEKA, Melaka Tengah, Melaka

OSM

Transactions

16 properties found

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
Town House
RM 95,000
700 sqft Aug 2024
RM 136.00 PSF
Double Storey Semi-D JALAN M20
RM 680,000
4,058 sqft Jul 2024
RM 168.00 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 31
RM 420,000
3,111 sqft May 2024
RM 135.00 PSF
Double Storey Terraced JLN M 9
RM 220,000
958 sqft May 2024
RM 230.00 PSF
Double Storey Shop JLN M25
RM 440,000
2,099 sqft Apr 2024
RM 210.00 PSF
Double Storey Terraced JLN M11
RM 328,000
958 sqft Apr 2024
RM 342.00 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 JLN PEGAGA 1
RM 380,000
3,111 sqft Mar 2024
RM 122.00 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