Area Intelligence

TMN MERDEKA

7 properties
2021
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Median Price
RM 263,000
PSF: RM 156

Residential Market

Median Price

RM 256,500

IQR: RM 72
MAD: RM 39
RM 142 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 420,000

IQR: RM 62
MAD: RM 50
RM 238 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 263K and a median price per square foot (PSF) of RM 156.

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 263K, with most transactions falling within a stable range of RM 180K to RM 346K, and a typical market range of RM 211K to RM 315K.

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 156, though individual units vary from RM 112 to RM 200 in the core range. The broader market spans RM 117.63 to RM 194.38, indicating diverse property characteristics. A wider spread (IQR: RM 76.75) and deviation (MAD: RM 44) 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

7 properties grouped by size

1,550 sqft
4 units Single Storey Terraced
RM 263,000
JLN MERANTI 4/2
1,539 sqft · RM 171.00 PSF
Nov 2021
RM 250,000
JALAN TMERANTI 4
1,539 sqft · RM 162.00 PSF
Oct 2021
RM 180,000
JALAN PEGAGA 1
1,539 sqft · RM 117.00 PSF
Aug 2021
RM 240,000
JALAN TEMBUSU 10
1,539 sqft · RM 156.00 PSF
Jul 2021
1,750 sqft
1 units Double Storey Shop
RM 420,000
JLN M6
1,765 sqft · RM 238.00 PSF
Sep 2021
3,050 sqft
1 units Single Storey Terraced
RM 270,000
JLN M31
3,046 sqft · RM 89.00 PSF
Mar 2021
3,200 sqft
1 units Single Storey Semi-D
RM 410,000
JALAN MJ 2
3,197 sqft · RM 128.00 PSF
Dec 2021