Area Intelligence

TMN MERDEKA

16 properties
Double Storey Terraced
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Median Price
RM 324,000
PSF: RM 272

Residential Market

Median Price

RM 324,000

IQR: RM 72
MAD: RM 39
RM 272 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 320,000

IQR: RM 62
MAD: RM 50
RM 207 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA in Melaka Tengah, Melaka recorded 16 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 324K and a median price per square foot (PSF) of RM 272.

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 324K, with most transactions falling within a stable range of RM 248K to RM 400K, and a typical market range of RM 272K to RM 376K.

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

Price per square foot shows a median of RM 272, though individual units vary from RM 199 to RM 345 in the core range. The broader market spans RM 233.63 to RM 310.38, indicating diverse property characteristics. A wider spread (IQR: RM 76.75) and deviation (MAD: RM 73) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERDEKA, Melaka Tengah, Melaka

OSM

Transactions

16 properties grouped by size

950 sqft
6 units Double Storey Terraced
RM 220,000
JLN M 9
958 sqft · RM 230.00 PSF
May 2024
RM 328,000
JLN M11
958 sqft · RM 342.00 PSF
Apr 2024
RM 315,000
JLN M 11
958 sqft · RM 329.00 PSF
Oct 2023
RM 260,000
JLN M11
958 sqft · RM 271.00 PSF
Sep 2023
RM 280,000
JLN M 11
958 sqft · RM 292.00 PSF
Dec 2022
RM 248,000
JLN M 11
958 sqft · RM 259.00 PSF
Nov 2022
1,250 sqft
2 units Double Storey Terraced
RM 400,000
LRG 1
1,249 sqft · RM 320.00 PSF
Nov 2023
RM 350,000
LRG 1
1,259 sqft · RM 278.00 PSF
Nov 2023
1,550 sqft
5 units Double Storey Terraced
RM 265,000
JLN M 9
1,561 sqft · RM 170.00 PSF
Feb 2025
RM 460,000
JLN M 32
1,539 sqft · RM 299.00 PSF
Jul 2024
RM 420,000
JALAN M 22
1,539 sqft · RM 273.00 PSF
Nov 2023
RM 450,000
LORONG 2
1,539 sqft · RM 292.00 PSF
Dec 2022
RM 405,000
JALAN M 31
1,539 sqft · RM 263.00 PSF
Sep 2022
2,600 sqft
1 units Double Storey Terraced
RM 320,000
LRG 1
2,594 sqft · RM 123.00 PSF
Jun 2022
2,750 sqft
1 units Double Storey Terraced
RM 320,000
LRG 1
2,766 sqft · RM 116.00 PSF
Aug 2022
3,700 sqft
1 units Double Storey Terraced
RM 450,000
JLN M 34
3,714 sqft · RM 121.00 PSF
Sep 2022