Area Intelligence

TMN MERDEKA

4 properties
Double Storey Shop
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Median Price
RM 470,000
PSF: RM 261

Residential Market

Median Price

RM 280,000

IQR: RM 72
MAD: RM 39
RM 171 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 470,000

IQR: RM 62
MAD: RM 50
RM 261 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA in Melaka Tengah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 470K and a median price per square foot (PSF) of RM 261.

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 470K, with most transactions falling within a stable range of RM 423K to RM 517K, and a typical market range of RM 420K to RM 522K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 261, with core pricing between RM 223 and RM 298. Market pricing typically extends from RM 222.13 to RM 298.88, reflecting moderate variation in unit pricing. With an IQR of RM 76.75 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERDEKA, Melaka Tengah, Melaka

OSM

Transactions

4 properties grouped by size

1,750 sqft
3 units Double Storey Shop
RM 538,000
JLN PEGAGA
1,765 sqft · RM 305.00 PSF
Nov 2022
RM 500,000
JLN M1
1,765 sqft · RM 283.00 PSF
Jul 2022
RM 420,000
JLN M6
1,765 sqft · RM 238.00 PSF
Sep 2021
2,100 sqft
1 units Double Storey Shop
RM 440,000
JLN M25
2,099 sqft · RM 210.00 PSF
Apr 2024