TMN MERDEKA
Residential Market
Median Price
RM 256,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 420,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
62 properties
Median Price
RM 255,000
+3.6% CAGR
Median PSF
RM 153.50
-1.5% CAGR
Double Storey Terraced
16 properties
Median Price
RM 324,000
-6.1% CAGR
Median PSF
RM 268.50
-13.1% CAGR
Double Storey Semi-D
7 properties
Median Price
RM 450,000
+10.7% CAGR
Median PSF
RM 163.00
-9.0% CAGR
Single Storey Semi-D
5 properties
Median Price
RM 407,500
+4.0% CAGR
Median PSF
RM 123.50
+24.1% CAGR
Double Storey Shop
4 properties
Median Price
RM 440,000
+1.6% CAGR
Median PSF
RM 238.00
-4.1% CAGR
Shop/Retail Lot
4 properties
Median Price
RM 201,500
+17.8% CAGR
Median PSF
RM 161.50
+69.2% CAGR
Low-Cost House
3 properties
Median Price
RM 117,500
-25.9% CAGR
Median PSF
RM 122.00
-36.2% CAGR
Detached
2 properties
Median Price
RM 700,000
+7.4% CAGR
Median PSF
RM 80.50
+1.9% CAGR
Flat
2 properties
Median Price
RM 81,500
Median PSF
RM 95.50
Single Storey Shop
1 properties
Median Price
RM 250,000
Median PSF
RM 156.00
Low-Cost Flat
1 properties
Median Price
RM 120,000
Median PSF
RM 172.00
Town House
1 properties
Median Price
RM 95,000
Median PSF
RM 136.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 62 |
RM 255,000
±4K MAD
|
+3.60% |
RM 153.50
±4 MAD
|
-1.52% | |
Double Storey Terraced | 16 |
RM 324,000
±15K MAD
|
-6.09% |
RM 268.50
±20 MAD
|
-13.09% | |
Double Storey Semi-D | 7 |
RM 450,000
±40K MAD
|
+10.71% |
RM 163.00
±20 MAD
|
-8.99% | |
Single Storey Semi-D | 5 |
RM 407,500
±25K MAD
|
+4.00% |
RM 123.50
±29 MAD
|
+24.15% | |
Double Storey Shop | 4 |
RM 440,000
±20K MAD
|
+1.56% |
RM 238.00
±28 MAD
|
-4.09% | |
Shop/Retail Lot | 4 |
RM 201,500
±17K MAD
|
+17.84% |
RM 161.50
±42 MAD
|
+69.17% | |
Low-Cost House | 3 |
RM 117,500
±18K MAD
|
-25.93% |
RM 122.00
±27 MAD
|
-36.24% | |
Detached | 2 |
RM 700,000
±50K MAD
|
+7.42% |
RM 80.50
±2 MAD
|
+1.88% | |
Flat | 2 |
RM 81,500
|
- |
RM 95.50
|
- | |
Single Storey Shop | 1 |
RM 250,000
|
- |
RM 156.00
|
- | |
Low-Cost Flat | 1 |
RM 120,000
|
- |
RM 172.00
|
- | |
Town House | 1 |
RM 95,000
|
- |
RM 136.00
|
- |
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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN MERANTI 4/2
|
RM 263,000
|
RM 171.00
|
1,539 sqft
|
Nov 2021
|
|
JALAN TMERANTI 4
|
RM 250,000
|
RM 162.00
|
1,539 sqft
|
Oct 2021
|
|
JALAN PEGAGA 1
|
RM 180,000
|
RM 117.00
|
1,539 sqft
|
Aug 2021
|
|
JALAN TEMBUSU 10
|
RM 240,000
|
RM 156.00
|
1,539 sqft
|
Jul 2021
|
JLN M6
|
RM 420,000
|
RM 238.00
|
1,765 sqft
|
Sep 2021
|
JLN M31
|
RM 270,000
|
RM 89.00
|
3,046 sqft
|
Mar 2021
|
JALAN MJ 2
|
RM 410,000
|
RM 128.00
|
3,197 sqft
|
Dec 2021
|